Mark Zandi
Mark Zandi
Mark Zandi is chief economist of Moody's Analytics, where he directs economic research. He is co-founder of Economy.com, which was acquired by Moody's Analytics in 2005. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics...
NationalityAmerican
ProfessionEconomist
CountryUnited States of America
care correct costs employers greater health increase onto passing quickly rising spending
It is correct that health care costs are rising more quickly than incomes or wages, and that employers are passing more of their greater health care costs onto workers. But the increase in health care spending is not greater than the increase in incomes or wages.
bigger demanding increases labor pay start
Labor will start demanding bigger pay increases and will get them.
backwards energy given higher increase inflation last medical near prices recent represents
Given the recent surge in energy prices and higher medical costs, many will not be made whole by the increase. The increase is backwards looking; it represents inflation over the last year. In the near term, inflation will be greater.
asking bigger decidedly favor increases pay pendulum swung workers
Workers are asking for bigger pay increases and they are getting them. The pendulum has swung decidedly in favor of workers.
almost barack clearest current cut drag extend fiscal increase payroll proposed
The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.
decline depend home increase months next result weather
Gasoline, home heating prices, they are very volatile. Some months they're up, some months they're down. They depend on the vagaries of the weather ? It's warm, it's cold. The big decline I think will result in a big increase next month.
change increase pay people prepare thinking
At best, people should prepare for no pay increase and no bonus, something they have been getting a lot of. At worst, they should be thinking they may need to change occupations.
growth job market tech until year
This should be a year where the tech market stabilizes but I don't see job growth until 2004.
among belongs causing decade giant house housing plenty prices soar
There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them.
couple expanding housing less next quite region rest
This region is expanding not quite as much as the rest of the country. We will see much less housing activity, especially in the next couple of years.
across banks central cover due energy fears gives global globe inflation lift policy prices
There has been a global pick-up in inflation due to the surge in energy prices, and that gives cover for US manufacturers to lift their prices more aggressively. Central banks across the globe are tightening policy in fears that the surge in energy prices will infect inflation more broadly.
decline percentage
You have to go back 25 years to find a decline that is as significant on a percentage basis.
bust growth job memory seem tech
As the memory of the tech bust fades, we seem to be getting better and better job growth.
areas combined conditions country enjoying falling few less point result rising values wonderful
At some point you will get a combination of falling values combined with rising payments on adjustable mortgages, which will result in more bankruptcy. For these areas of the country that are enjoying such wonderful conditions right now, it will become much less wonderful a few years down the road.