William Dunkelberg
William Dunkelberg
allowed capital community consumer costs cut employee flat generate higher hold improve judicious line lower operating point reduce sales
Judicious capital investments have allowed the small-business community to cut operating costs to the point where many are able to hold the line on -- or reduce -- consumer costs, improve employee compensation, withstand flat or lower sales and still generate higher profits,
caution rein
We're going to rein it in. Caution should be the watchword.
beyond far price reached
I won't say 'deflation,' but price paring was widespread. It reached far beyond manufacturing and agriculture.
crazy
It does not get much better (except in the crazy dot.com years).
board business expansion fill job natural open owners people plans positions raising small struggling wages
Small business owners are raising wages to keep the people already on board and to make open positions more attractive. With many small firms struggling to fill job slots, it's natural to see expansion plans being put on hold.
aggregate appears broad cheap consumer consumers eating front holding ordering seems spending
Consumer spending seems to be holding up in the aggregate figures, but it appears that consumers are 'shaving' spending on a broad front ? still eating out but ordering the cheap entrees,
capital consumers double government spending
Consumers have not become timid, capital spending is double digit, and the government is spending more.
attack expected gains next posting sales taken three widespread
to have taken the attack personally, posting widespread reductions in expected real sales gains over the next three months.
points record shy strong three
While three points shy of the record set in December, that's still a very strong number.
costs credit few harder interest large
Credit costs more but is no harder to get. And because interest costs are not particularly large for most firms, there are few complaints.
caught dollars music terrific
The 'tone' is terrific but the dollars haven't caught up with the music.
dollar economy employers employment fairly good holds increase net next percent period plan small three year
A net 17 percent of small employers plan to increase employment in the next three months, indicating that this year could be a fairly good period for manufacturing if the economy holds and the dollar weakens.
business clearly cuts expressed good news pleasure rate sector signs small
The small business sector is clearly slowing, but there are no signs of 'disorder' in the exiting, ... This is good news for the Fed, which expressed its pleasure by hinting at rate cuts if things slowed too quickly.
compared last
Compared to last year, it's not a party, but historically, it's not so bad,