Michael Moran
Michael Moran
economy housing sector vulnerable
Housing is the most vulnerable sector of the economy at this time.
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A nomination does not mean it will have clear sailing to being listed. What gets listed on the national register, unfortunately, is subject to the will of the governor's office.
encouraged fed move somewhat
The Fed will be encouraged by this, and it dampens somewhat the probability of a Fed easing, ... but I would still look for another move in December.
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The consumer sector has been on of the strongest in the economy, and that's the sector that (Federal Reserve chairman Alan) Greenspan worries about.
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The consumer sector has been among the strongest in the economy and I think that's the area that (Fed Chairman Alan) Greenspan and company are really worried about.
coming distinct economy effect far four momentum percentage quarter small year
If you look at the momentum that the economy has had coming into the year 2000 and if you look at the very small effect that tightening has had so far on the economy I think there is a distinct possibility that we could see four tightening moves, all a quarter of a percentage point,
capacity inflation perspective tenth
Capacity utilization was up one tenth and from an inflation perspective we still have ample capacity.
demand economy effect higher increases influences interest job meaning picking positive puts rate rates rather small
When rate increases are demand-driven, meaning there are other, positive influences going on -- job growth, demand picking up, etc. -- in that case, the effect of higher interest rates is a small dampening, rather than one that puts the economy at risk,
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As far as the village is concerned, we'll preserve the status quo based on official county records.
build cycling facilities temporary viable
It's very viable to build temporary facilities for things like cycling and swimming.
early holiday late looking month numbers portion seeing shopping suggest weak
The numbers suggest we're seeing a weak holiday shopping season. We could see a late surge, but the early portion of the month is looking slow.
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It's extremely important. I think it's going to have an important bearing on what the Fed decides to do with its monetary policy.
face good reading upside
This is an especially good reading because I think that we face significant upside risks.
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The jump in energy prices during July and August represent a shock that could slow consumer spending and economic activity.