David Resler
David Resler
booming good great growth low minimal strong wage
It's as good as it gets. You've got low inflation, minimal wage pressure, great productivity, booming growth and strong demand.
confidence forecast gives growth maintain momentum next pointing raise send short strong toward
It's nothing short of incredible. It's not enough to send me scurrying to raise my forecast for next year, but it's pointing toward considerable momentum going into the new year. It gives me more confidence we're going to be able to maintain strong growth in the first half.
continue displaced employment extra few growth job likely months people
We're going to get some extra employment growth as people displaced by the hurricanes find their way back into the job market, and that's likely to continue in the first few months of this year.
above consistent growth overall quarter reading running
Overall the 56.7 reading for the ISM index is consistent with (economic) growth in the first quarter running above 5.0 percent.
capital contribute drop durable good growth healthy looked orders remains sector throughout trend
Overall, durable orders need to be looked at on a trend basis, and even after the drop in orders other than transportation orders ... the capital good sector remains very healthy and will contribute solidly to growth throughout 2006.
certainly conditions decline drop economic employment february grave next overall report rough
Economic conditions look pretty grave right now. Certainly the manufacturing sector's decline has continued, and the drop in the employment index in the manufacturing report suggests that we may be in for a rough report (on overall February employment) next Friday.
additional bond capacity fed gets market minds nearer noticing rate rising
The bond market is noticing that the capacity usage rate is rising with this additional production, and to some people's minds that gets us nearer to the day of Fed tightening.
behavior consumer fed focused light scrutiny stock
The Fed is without question, especially in light of the behavior of the stock market, focused with laser-like scrutiny on consumer confidence.
fed hold information mean move rate
The Fed is on hold indefinitely. It doesn't mean they won't make another move this year, but there is too little information to make another rate move in September.
cut few numbers spending
It will take away from discretionary spending. It may not show up in the numbers for a few months, but it probably will cut into discretionary spending in the first part of this year.
both camps cling couple data past
Both camps will cling to their arguments for a couple more months. But the answer's not going to come from monthly data -- those are still too much in the past to be much help.
economists environment inventory investment pricing
Uncertainty about the pricing environment will keep inventory investment more disappointing than some other economists expect.
employment holidays job large market swings time
Very large swings in seasonal employment during and after the holidays typify the job market at this time of the year.
affect consumer gas higher prices
We know that higher gas prices affect consumer sentiment.