Patrick Fearon
Patrick Fearon
certainly gasoline resulting spike weigh
There is certainly more going on than just hurricanes and a resulting spike in gasoline prices, ... could weigh on people's attitudes.
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.
housing impact january jump looks starts trend warm weather
It looks like warm weather had a big impact so the big jump in January housing starts can be attributed to that. However, the moderating trend in housing really is still in place.
claims consistent darn drop economic good healthy level number range
The drop in jobless claims is a darn good number. A number in the range of 325,000 to 350,000 is a level that is more consistent with healthy economic growth,
claims expected initial job range solid within
Initial claims were significantly better than the expected 300,000, and they were well within the range we would expect in a solid job market.
claims continuing drifting drop rate sign start
The drop in continuing claims could be a sign that the unemployment rate could start drifting downward.
albeit consumer continuing economic fact good growth labor market momentum positive reflects sign start year
It's a good sign that the consumer has some momentum going into the start of the year and that probably reflects the fact that the labor market is continuing to improve, albeit modestly. It's a positive for economic growth this year.
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.
continues economy grow large majority sector service shows side
The ISM index shows that the service side of the economy continues to grow well and that's important because that sector makes up the large majority of the economy.
consumer course
It's an encouraging sign, but of course we have a long way to go before you would say that the consumer is very optimistic.
bond calming core far gotten inflation influence price
The core PCE price index is a calming influence on the bond market. Inflation so far has far not gotten out of hand.
fed raising rates stop support
That would support the idea that the Fed can stop raising rates soon.
believers finally labor market people starting
The labor market has been strengthening for a while, but it may be that people are finally starting to become believers in it.