Gary Thayer
Gary Thayer
business economy good healthy shows side spending
It still shows a pretty healthy economy at this point. The manufacturing side of things and business spending will be good this year.
banks central expected extra financial help hopefully markets people recognize restore shows sort
It shows the world central banks recognize the financial markets could use a little extra liquidity and support, ... Hopefully it will help restore confidence. A lot of people expected we would see some sort of coordinated effort.
concern confidence consumers dropping early employment feeling low poorly recessions response shows similar situation terrorism
It shows that consumers are feeling poorly about the economy, similar to what we've see in other recessions. Confidence is not as low as it was in the recessions of the early 1990s and early 1980s, but it is dropping in response to the worsening employment situation and the concern about the terrorism threat.
good job positive seeing shows strong
We're still seeing a strong economy, ... shows that we still have very good job creation. I think it's very encouraging and a positive thing for American business.
affecting closely confidence decline factor shows watch watching whether
Historically, when we see confidence decline, we have to watch and see if it shows up also affecting spending. We'll be watching closely to see ... whether the decline in confidence is more of a psychological factor or a real factor affecting spending.
claims companies continuing economy feeling hanging labor market number shows strong
The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers.
claims drop economy good heading job labor market momentum recovered shows strength year
The jobless claims drop shows good strength in the labor market at the end of the year. It shows that the economy has recovered after the hurricanes and is heading into the new year with good momentum and good job prospects.
claims combined conditions drop earlier employment good remain reported rise start
The rise in the employment component, combined with the drop in new jobless claims reported earlier today, suggests that employment conditions remain good at the start of the year.
consumer despite energy holding market prices rising spending
Energy prices are dropping, and consumer spending is holding up despite rising unemployment . These are encouraging things the market is recognizing.
confidence despite easy energy fewer high jobs people supporting worried
Fewer people are worried about jobs right now, more people think that jobs are easy to get, and I think that's supporting confidence despite the high energy prices.
act concern economy fear fed generate inflation mean point seem
There's still a lot more inflation fear than there is inflation. There is still concern that the economy could generate inflation at some point but it still doesn't seem to be doing that. The Fed doesn't need to act more aggressively, but it doesn't mean that they won't.
basis easily numbers revised third
Productivity numbers on a quarter-to-quarter basis are very volatile. The downwardly revised second-quarter numbers could easily be revised upward in the third quarter.
core good increased modestly news prices primarily recovery
We did see a big recovery in (producer) prices, but that was primarily in energy. Core prices increased only modestly and that's good news for the Fed.
attitudes consumer daily dip energy january related rise seen sentiment small weekly
We had seen the daily and weekly sentiment surveys show a small dip in consumer attitudes at the end of January. Some of that could have been related to the late January rise in energy prices.