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.
cost delivering product question
It's always a question in getting the cost right and delivering the product at the right time.
boost businesses costs energy fed growth hiking hire hiring interest labor looks markets output rates recent reluctant
The most recent acceleration in productivity growth looks like it was cyclically driven, ... Even with output soaring, many businesses were reluctant to boost hiring because the Fed was hiking interest rates and energy costs were surging. Even if businesses wanted to hire more workers, many could not because the labor markets were so tight.
cost drive economy employment federal full government next progress spend visible whatever
The federal government is going to spend whatever they need to, to make some visible progress before next year's mid-term elections, ... And what that's going to do to an economy that's already at full employment is drive up the cost of cement, drive up the cost of steel, drive up the cost of labor.
costs drivers driving finished hiring industry pressure price translated
The trucking industry is very competitive, so driving up the costs of hiring drivers has not really translated that much to price pressure for finished goods.
fairly healthy home level percent sales year
When all is said and done, we should still have a fairly healthy level of new home sales this year -- probably up 4 to 5 percent for the year.
attracted greater portion
The same thing that has attracted retirees over the years is still there: the weather. You can do more things for a greater portion of the year.
coming expected gain job likely state states
The state is expected to gain 150,000 new residents this year, with two-thirds of the adults likely coming from other states for job opportunities.
awful create labor market mess tight
It would create an awful mess in Florida, where the labor market is tight by any definition.
anecdotal anywhere common common-sense core evidence inflation near
Anecdotal evidence and common sense suggests that core inflation has not been anywhere near this tame.
cause damage flood insurance lack likely recovery tend
Flood damage does not tend to be as insured. The lack of insurance is likely to cause the recovery to be delayed,
above below came gas higher huge interest knock market number prices rates relief rising sign
There was a huge sign of relief when the number came in above 100, and that's why the market rallied, ... There was a thought that the combination of rising interest rates and higher gas prices would knock it below 100.
serious view
We do not view this as anything more serious than a much-needed correction.
america corporate downside eating equivalent far growth healthier hiring means roughly stomach stronger tough
Corporate America is on the mend. The only downside of stronger productivity growth is that it means hiring is lagging. As far as downsides go, this is roughly the equivalent of eating your broccoli. It may be tough to stomach at first, but it makes you stronger and healthier in the long run.