Joshua Feinman
Joshua Feinman
Joshua "Josh" Feinmanis an American film and television actor with appearances in Men of Honor, Transformers, and Mr. Woodcock...
adding basis businesses fall forming inventory last looks pace rate reduction rise starting weakness
Businesses were liquidating inventory last fall at a frenetic pace and adding to weakness in the economy's production. It looks like the rate of inventory liquidation is starting to slow, and a basis is forming from that reduction for a rise in the economy.
capital companies future hiring including investment outlook pace pick reasons sure variety
Companies have the wherewithal to pick up the pace of hiring and capital investment again, but I'm not sure they have the desire, for a variety of reasons -- including their outlook on future demand.
capital component encouraged growth key spending talking time
We've been talking for a long time about capital spending growth being a key component of the sustainability of this recovery. You have to be encouraged about what we've seen.
consumer data flag fourth giving notion quarter raising reinforce slower third white
These data reinforce the notion that, while consumption is going to be slower in the fourth quarter than in the third quarter, it doesn't look like the consumer is raising the white flag and giving up.
determined engine engines global growth happens mostly states united
The United States has been the engine of global growth for some time. It would behoove the world if other engines were to develop, but it doesn't look like that's happening. As long as that's the case, U.S. growth will mostly be determined by what happens here.
bit head inflation last leave market mean people plenty sentence stuck themselves trying
They are a bit more sanguine about inflation than the market has been, and they've been trying to tell people that. It doesn't mean they have their head stuck in the sand. With the last sentence of their statement, they leave themselves plenty of flexibility.
california economy gets less national problems
As the national economy gets better, California will get better, and some of its problems will be less acute.
attuned cost profits side trouble wages
Did firms have trouble making profits back in the 1950s and 1960s? ... No -- they were used to a low-inflation environment, and the cost side was used to that, and workers' expectations about wages were more attuned to that.
few hard labor market mind readings slowing sort suggest time weekly weeks year
We need to keep in mind that this is the time of year when weekly fluctuations can be hard to seasonally adjust. We may need a few more weeks to sort it out. Overall, the readings we've been getting suggest the deterioration in the labor market is slowing down.
aggregate anybody cyclical either extra faster growth hard job pop recent says seems
To get faster job growth, we're going to need either faster aggregate demand, which seems hard to fathom, or we're going to need some diminution of the recent extra cyclical pop in productivity, ... When will that start? Anybody who says they know is lying.
cuts debatable faster gets government growth means percentage smaller somewhat spending tax
To keep these tax cuts permanent, even if it means somewhat faster GDP growth -- and that's debatable -- will mean the government gets a smaller tax take as a percentage of GDP. Then spending has to be a smaller share, too. We have to have some plan.
basic business coming few months numbers picture several showing signs spending
You have to look at these numbers over a few months. Coming in, we had several months of very substantial gains, ... The basic picture is that business spending is bottoming and showing some signs of improvement, but it's not really robust.
hit rates reasonable speaks took
That just speaks to what a big hit manufacturing took and how long a way we have to claw back to reasonable rates of utilization.
accounts meaningful sector swings
It's still meaningful -- it's a sector that accounts for a lot of swings in activity.