William Dunkelberg
William Dunkelberg
caution rein
We're going to rein it in. Caution should be the watchword.
dollar economy employers employment fairly good holds increase net next percent period plan small three year
A net 17 percent of small employers plan to increase employment in the next three months, indicating that this year could be a fairly good period for manufacturing if the economy holds and the dollar weakens.
signals solid start
The index signals a solid start to 2006.
data fourth indicate katrina strong survey third wrinkle
Katrina does put a wrinkle in the outlook. But the survey data indicate strong third and fourth quarters.
backed bound cool degree ease economy general high main mountain optimism owners painting resting scenario street top view
Main Street optimism has backed down from the mountain top and is resting on a high plateau. The general view is that things have been going well for so long, they're bound to ease back a bit. Small-business owners aren't painting a doom-and-gloom scenario here. They just sense that the red-hot economy will cool by a degree or two.
except hiring solid
Historically, except for the dot-com hiring binge, this is a very solid number.