Patrick Fearon
Patrick Fearon
evolving impact labor mean numbers people relatively situations terms understanding until
It could mean that those people don't show up in the jobless numbers until relatively late, so it's an evolving situations in terms of understanding the impact on the labor market.
cautious energy people possibly prices rebound recent reflects
It could be this reflects the recent rebound in energy prices that possibly made people a little more cautious again.
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Manufacturing in broad terms is enjoying a very robust period even if certain sub-industries are struggling. It's probably another piece of evidence that the Fed could potentially be raising interest rates after the May 10 monetary policy meeting.
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This level still looks like companies are happy with their current work force, and they are being relatively stingy about keeping their workers -- they don't seem to want to lose too many.
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It looks like the potential disruption has helped to further boost gasoline prices and that could be some additional headwind for the economy.
despite february indicator might quite report strong
So despite the indicator today, the report for February might not be quite as strong as this is suggesting.
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Companies are reaping the benefit of enhancements in technology discovery, which has helped them increase their productivity. At the same time, there is a level of competition in the economy that is quite a bit stronger than it has been in the past.
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Spending was up, a little weaker than expected... Nevertheless, the trend has been upward and it looks like the consumer is still in the ballgame in terms of supporting economic growth.
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The service sector of the economy is still growing at a good pace and that is consistent with what we were seeing in the employment report for November.
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With energy prices at least roughly flattening out, and with the labor market continuing to strengthen, those are probably two of the main reasons people are starting to get more optimistic.
consumer sector shows strength
This shows some strength in the consumer sector at the end of the year.
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We've now had three straight quarters of above-average growth, and that's nothing to sneeze at.
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Whether you look at the core personal consumption expenditure index on a monthly basis or a year over year basis, the inflation trend is basically 'steady Eddie.
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The positive message is that if you strip out the numbers that the Labor Department says are the result of the hurricane, the underlying figures are still pretty decent. That shows that there was some cushion in the economy before Katrina hit.