Mickey Levy
Mickey Levy
Mickey Levyis an Israeli politician who serves as a member of the Knesset for Yesh Atid. He served as Deputy Minister of Finance between 2013 and 2014. Before entering politics, he was a police officer...
consumer continued firm housing mild recession remained spending typical
The recession has ended, ... It is pretty typical but mild recession because consumer spending remained firm and housing continued to grow.
booming bottom deficit due economic growth largely line market reason robust shifted spending stock
The reason we've shifted to deficit spending is largely due to a shift from very robust economic growth and a booming stock market into a recession. The bottom line is, I'm not particularly concerned.
appears consumer easing growing helped interest rates somewhat spending
Consumer spending is growing only modestly. So, it appears the easing of interest rates has helped the consumer only somewhat ... not a lot.
businesses clear consumer couple gain housing pickup seen spending start
We've seen a clear pickup in consumer spending and housing and now the manufacturing sector. I'd say with a couple more months, businesses will start to gain confidence.
business consumer couple driven false months past spending
After a couple of false starts, the past couple of months does have the feel of a more traditional recovery, driven by consumer spending and housing. The follow-through is the business response.
capital consumer economy expect factors looking negative spending stay territory turn
Looking forward, the factors are in place for economy to rebound, ... Capital spending will stay in negative territory for a while, but I expect consumer spending to turn by the end of the year.
added consumer found interested people provide respond sentiment spend spending survey upset value
I'm more interested in how people spend than how they respond to surveys. I've found that the consumer sentiment survey really doesn't provide much value added in forecasting consumer spending patterns. I'm not too upset about the decline.
combine costs economic fourth gain gains generate hours increase keeping labor leaving modest modestly output quarter rise robust solid tight unit worked
The robust gain in economic output in the fourth quarter will combine with only a modest rise in hours worked to generate another spectacular increase in productivity for the quarter. Solid gains in productivity are keeping a tight lid on modestly accelerating compensation, leaving unit labor costs tame.
healthy
Everything is in place for a healthy rebound.
employment follow labor market pickup production reports seen translate
Production and employment always follow demand, and we've seen a pickup in demand. I think this will translate into a better labor market in May or June. I know the employment reports have been disappointing lately, but be patient.
number touch
This number may be a touch better than expectations.
demand economic economy excess healthy
There's no excess demand in the economy and it's really healthy economic expansion.
circle draw effort jerusalem
There is a concentrated effort to draw Jerusalem into the circle of violence.
beginning contribute data economy growth holiday housing powerful retail sector seen showing stimulants various
We've seen data from various sectors showing the economy is beginning to stabilize. Not only employment, but the manufacturing sector as well. And holiday retail sales, consumption and housing look OK. So, we have all these powerful stimulants that are going to contribute to growth as 2002 unfolds.