Gary Thayer
Gary Thayer
bit confidence healthy high pull saw year
Overall, confidence is still at a healthy level, up from where it was a year ago, but we did pull back a bit from the three-year high that we saw in June.
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,
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.
bit looks midwest remained
It just looks like manufacturing in the Midwest cooled off a bit in January, but remained healthy.
bit consumers economy inflation numbers sign stretch
The inflation numbers are really good. It's a very encouraging sign that consumers will be able to stretch their incomes a little bit further, and that bodes well for the economy going forward.
bit consumer economy headline looking number production quarter strong suggest
I think the headline number is a bit misleading. It doesn't suggest that the economy is in trouble. Consumer durables production is looking solid, so it's looking like there's still going to be strong first quarter GDP growth.
close peak
I think we're close to a peak in the unemployment rate. The upswings in manufacturing and non-manufacturing show we're close to it now.
close peak
I think we're close to a peak in the unemployment rate, ... The upswings in manufacturing and non-manufacturing show we're close to it now.
cause concerned economy healthy heat inflation pressure road somewhere trajectory
I think what he's concerned about is that the economy is on a good, healthy trajectory and if we do see some upward pressure on inflation somewhere down the road that that could cause the economy to heat up a bit.
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.
buying consumers
It does show consumers are in a buying mood,
consumers employment happening negative possibly situation taking
It is encouraging that consumers are taking the negative things that are happening recently. Possibly the employment situation is outweighing other concerns.
orders weakness
Manufacturing is expanding, but not as broadly as in November. There was weakness in new orders and employment.
appears concerned cooling existing holding homes housing market
It appears that the market for existing homes is holding up better than the market for new home sales. We are still concerned about the housing market cooling off.