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
businesses compete driven employers expanding force growing growth hire hiring opportunity pushing revenue staff wages work workers
The work force is growing not because employers are hiring a lot of new workers to staff expanding operations. The economy, in other words, is not being driven by businesses out there scouring for opportunity and revenue growth and pushing up wages as they compete to hire more workers.
change data export fed growth laid pressure script takes wage
There won't be any change in the script the Fed has laid out. Export growth has weakened and there is a lid on wage growth. This data takes some pressure off of the more hawkish Fed members.
change data export fed growth laid pressure script takes wage
There won't be any change in the script the Fed has laid out, ... Export growth has weakened and there is a lid on wage growth. This data takes some pressure off of the more hawkish Fed members.
create drive lower wage
This could drive unemployment lower and create more wage pressure.
employees growth improvement job market modest next power regain tight wage
The job market is getting tight enough that employees will regain some negotiating power and some modest improvement in wage growth next year.
across begin good growth job market regions since wage year
The job market is as good as it's been since 2000. Unemployment is 4.7 percent, and it is falling. Job growth is sturdy, and it is increasingly broad-based and across regions and occupations. In fact, this will be the first year that wage growth will begin to accelerate. It should be a good year for American students.
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.
alone coffee imports orleans port tons
The Port of New Orleans alone imports 250,000 tons of coffee every year.