Peter Kretzmer
Peter Kretzmer
bit building component consistent continues growth increase indicative maybe moderate month number obvious pressures price sector
It's a number consistent with a manufacturing sector that is strong, it strengthened a little bit in the month and I think growth continues to be moderate in the manufacturing sector, price pressures while still not obvious maybe are building a little bit you can see an increase in the price component to 55.1 that's indicative of some price pressure.
bounce break figure next numbers percent
The numbers are a little better than we expected. Still, these things bounce around, and I think we'll probably see the unemployment figure break 4.5 percent next month.
numbers
The numbers are a little better than we expected,
beginning consumer decline levels longer run sales spending toward vehicle
As vehicle sales decline toward longer run levels beginning in August, consumer spending will slow.
concerned fed impact inflation markets surprised thinking
The thinking that has surprised us has been that the markets and the Fed have been more concerned about the impact on inflation expectations than they've been about real growth.
auto ended growth largely quarter reflects return spending strong
Spending ended the quarter on a strong note, and that largely reflects the return of growth in auto sales. It's confirmation that spending was getting back on track.
chances crude fed further gradual hurt line means oil prices raising
If crude oil prices keep on rising, the chances that consumption is going to be hurt further down the line rises. That means the Fed could be more gradual in raising rates.
conclude continue main point remove sit
The main point is that when they sit down, they will conclude that what we want to do is to continue to remove the accommodative policy,
consumer economy faster grow spending
The economy will grow faster in the first quarter. Consumer spending is recovering.
deficit finally huge trade
The huge U.S. trade deficit may finally be stabilizing.