Esmael Adibi
Esmael Adibi
break components costs energy housing inflation major medical percent surprised
The major components of inflation for us are energy costs and housing costs and medical costs, and I don't see any major break in any of these. I wouldn't be surprised to see still 3.5 percent to 4 percent CPI for us for this year.
economy empire huge originally stronger
That's a huge revision. The economy of the Inland Empire is much stronger than they were originally reporting.
estate watch
Real estate is a big concern, and we're going to have to watch it carefully.
benchmark closer current growth number percent
I wouldn't be surprised, once the benchmark number comes in, that we're going to be much closer to 2 percent than the current growth of 1.3 percent.
level months prices products services six stays
If it stays at this level for about six months or so, you will see the prices of other products and services increase.
avoid jobs needed people prices steady
Right now, as long as the prices are steady and people have their jobs, I think they will do what is needed to make their payments and avoid the foreclosure process.
builders continue decline drawn housing number permits
We already know the number of permits drawn by builders has decreased and is going to continue to decline because of the cool-down in the housing market. We won't need as many construction workers.