Patrick Fearon
Patrick Fearon
core decide fairly fed growth hand point raising rate soon stop
If the core rate doesn't get out of hand and growth comes in moderate, at some point fairly soon the Fed could decide ... to stop raising rates.
certainly claims expect labor low range relatively remain strong though
Even though that was an 11,000 increase, you have to say claims remain relatively low and certainly in the range we would expect in a strong labor market.
demand existing hard healthy hiring hold onto reports suggesting trying
Firms are trying very hard to hold onto their existing workers. Other reports are suggesting firms are also hiring new workers. All that translates into a healthy demand for labor.
annual august brings good inflation moderate news seen september
The good news is that this is much more moderate than we had seen in September and August and it brings the annual inflation rate down to 4.3 percent.
easier finding good jobs labor people relatively situation unemployed
People who are unemployed are finding it relatively easier to find jobs. All around, it's a pretty good situation for the labor market.
claims compared general healthy indicator initial labor last low march market months remains several size trend workforce
The trend in general for the last several months has been in this ballpark, with initial claims being really pretty low compared with the size of the workforce and the size of the economy. So for some time, jobless claims have been and indicator that the labor market remains healthy and March payrolls probably will remain pretty healthy as well.
august decent economic expected figure peak revised weaker
It was a little weaker than expected but still a pretty decent number. In fact, the August (housing start) figure was revised up to 2.02 million, and that's a new peak for this economic cycle.
august decent economic expected figure peak revised weaker
It was a little weaker than expected but still a pretty decent number, ... In fact, the August (housing start) figure was revised up to 2.02 million, and that's a new peak for this economic cycle.
consistent economy employment good growing pace report sector seeing service
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.
amount below came certain consumer days fact final higher market past reading resilience shows survey taken volatility
The survey for the final reading would have taken place over the past 10 days or so, when market volatility was particularly high, ... Because of that, the final reading very well could have come in below the preliminary reading. The fact it came in higher shows a certain amount of resilience in the consumer sector.
again chance deficit energy good news next piece positive prices remember trade
The narrower trade deficit is a positive piece of news for February. However, with energy prices going up recently, you have to remember that there's a good chance that the trade deficit will widen again over the next (few) months.
activity designed expanding factory midwest point readings
This index is designed so that readings over 50 point to expanding activity in the Midwest factory sector.
affect fourth
There was some slacking off in the fourth quarter, but I didn't think it would affect the whole country.
across allow consistent continue decent economy fed growing interest measured numbers pace raise rates retail strength
There was decent strength across the retail sector. These numbers are consistent with an economy growing at a comfortable rate, a pace that would allow the Fed to continue to raise interest rates in a measured fashion.