Gus Faucher
Gus Faucher
growth half katrina next second weigh year
Katrina will weigh on growth in second half of this year and we'll make most of that back first half of next year,
demand employers growth half hiring increased means meet percent point rate reached slow start stay year
We've reached the point where employers need to start hiring again, but productivity growth will stay strong, so they can meet some of their increased demand with productivity improvements. That means hiring will be slow and the unemployment rate will stay at about 6 percent for another year and a half or so.
economy stay strong
We think the economy is going to stay strong through 2006.
available data energy fed
When the Fed meets, they won't have much data available other than energy indicators to get a decision,