Gary Thayer
Gary Thayer
anticipate fed good hold inflation news people stay
We got good news on inflation. People anticipate that with inflation still very low, the Fed will stay on hold for awhile.
economy federal good news poised slow
We think the economy is poised to slow down and that's good news for the Federal Reserve.
couple data likely next reflect
Unfortunately, this is pre-Katrina data and may not reflect what we're likely to see in the next couple of months.
buyers levels looking risen risk willing yields
Yields have risen to levels where buyers looking for yields are willing to take a risk and buy.
annual building instead percent personal possibly price rate revised
The personal consumption expenditure (PCE) price deflator was revised from 0.7 percent annual rate to 1.0. That's still very low, but it was revised upward instead of downward. There is possibly some building inflationary pressure, but it's still very benign.
categories goods ok others outright sales seeing services strength
We're not seeing a lot of strength in goods and services right now. Sales are mixed. Some categories are doing OK and others are weak. We're not seeing an outright decline.
basically despite economy fact lower prices production seeing weak
We still have a very weak world economy, despite the fact that the U.S. economy is still doing pretty good, ... We're seeing lower prices basically because there is more production out there than demand.
companies cutting hear minds period weak weighs
We're still in a seasonally weak period of year, where companies are trimming workforces. It weighs on people's minds when they hear about companies cutting back.
good job positive seeing shows strong
We're still seeing a strong economy, ... shows that we still have very good job creation. I think it's very encouraging and a positive thing for American business.
coast couple good gulf jobs loss months next numbers
We probably won't see good (employment) numbers in the next couple of months because of the loss of jobs in the Gulf Coast region,
bit compared optimistic people weak year
We're still weak compared to where we were a year ago, but people are a little bit more optimistic about the future,
capital compared decline improve last months orders past positive relative rising seven sign
We've seen, over the past seven months or so, orders stabilize or improve slightly, compared to a big decline last year. Orders are rising relative to inventories, and that's a positive sign for capital spending.
appears bit consumers energy improvement longer october prices rebuilding
We were anticipating that we could see a little bit of an improvement in October because the rebuilding after the hurricanes appears to have started and energy prices have stabilized, but it appears that it will take a little longer for consumers to feel better about things.
component decline good looks moderation paid prices pricing seeing
The decline in the prices paid component is good news. It looks as if we're seeing some moderation in pricing pressures, but not a significant drop.