Mark Zandi
Mark Zandi
Mark Zandi is chief economist of Moody's Analytics, where he directs economic research. He is co-founder of Economy.com, which was acquired by Moody's Analytics in 2005. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics...
NationalityAmerican
ProfessionEconomist
CountryUnited States of America
accounts add energy flows third
If you add up all the energy that flows through the region, it accounts for about a third of the nation's supply.
change tax
It's an appropriate change to the tax code.
anywhere depressed economies few good growing kansas pockets
It's better than it was but it's not as good as anywhere else. There are growing pockets of strength. Chicago, Kansas City, Minneapolis -- these are economies that had been severely depressed a few years ago and are now making their way back.
fed growing signals statement
The Fed is growing more uncomfortable about inflation, ... This is a more hawkish statement and signals that more tightening is on the way.
consequences margin zero
The consequences are more serious. Right now there is zero margin for error. Nothing can go wrong.
adjustment asking difficult economy economy-and-economics force four full grow job labor leave market means people process similar three
It's similar to asking a big part of the labor force to leave. In today's economy where the job market is at capacity, asking people to leave means the economy will not grow as fast. In fact, there could be a very difficult adjustment over the first three to four years when this process is in full swing.
businesses question whether
It's not a question of whether businesses can expand; it is a question of their willingness.
care correct costs employers greater health increase onto passing quickly rising spending
It is correct that health care costs are rising more quickly than incomes or wages, and that employers are passing more of their greater health care costs onto workers. But the increase in health care spending is not greater than the increase in incomes or wages.
people responding
People are responding to the escalating prices: They're moving.
across loans markets
Most of the loans are concentrated in the most juiced-up markets across the country.
thinking differences way
In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.
based decision economic economy firm send signal solely
If my decision were based solely on economic considerations, I would tighten again. I think the economy won't be derailed by this. I think the economy is firm and they (Fed governors) can send a signal that things are as they were.
mean addresses needs
The discussion in Washington has changed dramatically. I mean, it's no longer a question of should we address entitlements - it's no longer a question of do we need to reduce spending in the future.
sports play two
I only have two things in my life, my family and work. If there's any time left over, then I play sports.