Mark Vitner
Mark Vitner
commodity costs cyclical hard household passing profit raw squeeze time user
It suggests there could be a profit squeeze in some of the cyclical industries, ... Autos. Household appliances. Anything that has a lot of raw commodity in it. The end user is going to have a hard time passing those costs on to the consumers.
amazing fast florida gotten growing low population truly
It's truly amazing unemployment has gotten this low in Florida when the population is growing as fast as it is.
anywhere area economy economy-and-economics florida hard largest margin nation pressed recent weak
All of Florida is doing well. Its economy is outperforming the nation by the largest margin in recent memory. You'd be hard pressed to find a weak area anywhere in the state.
damage early energy good national
It's pretty early to have a good idea of what damage there is in the region. It is the damage to the energy infrastructure that is important to the national economy.
consumers economy-and-economics fairly holiday season worried
Consumers are fairly worried about the economy. ... I think the holiday season is going to be ho-hum,
acceptable businesses consumer cooling curb economic falling growth months orders production reason recent risen spending
The No. 1 reason new orders and production are falling is that inventories have risen in recent months as consumer spending has slowed, ... Such a buildup was acceptable when economic growth was accelerating. Now that growth is cooling off, businesses will need to curb stockpiles.
build win
This is a real win for the state, one we could build on.
clearly economic gaining good
This is a really good story from an economic standpoint. Manufacturing is clearly gaining momentum.
economy economy-and-economics gotten shock track
This is another affirmation that we've gotten over the shock of the hurricanes and the economy is back on track to where it was before.
accustomed dealing disaster type
This is such a different type of disaster than we're accustomed to dealing with.
fed influence markets mouth open supposed
The way the Fed is supposed to influence markets is through an open market policy, but they will also use the open mouth policy,
based concern current economists energy food increase inflation labor overall raising recent source swings tight wage workers
Normally, economists downplay periodic swings in energy prices. However, the most recent run-up is a source of concern because it may be raising inflation expectations. Workers do not live in a world that excludes food and energy prices. Wage demands, especially in the current tight labor market, will be based on the increase in the overall CPI.
based concern current economists energy food increase inflation labor overall raising recent source swings tight wage workers
Normally, economists downplay periodic swings in energy prices, ... However, the most recent run-up is a source of concern because it may be raising inflation expectations. Workers do not live in a world that excludes food and energy prices. Wage demands, especially in the current tight labor market, will be based on the increase in the overall CPI.
broaden consumer drought greater larger led longer mystery persists profit prolonged recession risk slump
The mystery is why this prolonged profit slump has not led to a larger cutback in consumer spending, ... The longer the profit drought persists the greater the risk is that this recession will broaden and deepen.