Ted Wieseman
Ted Wieseman
capital goods pressure price pricing relative seeing upside
We're seeing some upside price pressure in other goods relative to the trend. Capital goods, for instance, are exhibiting pricing power.
adjustment continues data evidence improvement labor market point problem tricky underlying viewed weekly
The evidence broadly viewed continues to point to underlying improvement in labor market conditions. Seasonal adjustment of weekly data is a tricky problem and especially so around holidays.
adjusting apparent department labor problems veterans
It's apparent that the Labor Department had some problems seasonally adjusting for the Veterans Day holiday.