220 ordspråk av Joel Naroff
Joel Naroff
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The economy bulled its way forward during the summer and not even the destruction of a major city and other Gulf Coast communities could slow it down,
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Despite all the layoffs that are occurring, businesses are still moving forward, ... They're out there looking for workers, and they may be forced to raise the wages just a touch faster.
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The confidence of consumers is going to be related more to the issue of terrorism and war than to anything fundamental. If things turn, that'll turn confidence, and that'll stop the downslide very quickly.
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A sharp slowdown in vehicle assemblies made a not-that-bad industrial production report look bad. The manufacturing sector is not yet out of the woods, but it hasn't gone further into the tank either.
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Given the condition of housing, [Fed policy-makers] will not panic if they see a low GDP growth rate [in the fourth quarter].
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The economy bulled its way forward during the summer and not even the destruction of a major city and other Gulf Coast communities could slow it down.
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Despite all the layoffs that are occurring, businesses are still moving forward. They're out there looking for workers, and they may be forced to raise the wages just a touch faster.
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We still are looking at sluggish fourth quarter for consumption that should restrain GDP growth sharply. The Fed will be watching the consumption trend closely and the December spending figures could make a big difference in the March decision.
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Businesses are toning down their expectations with investment and hiring this year.
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Housing added solidly to growth last year but don't expect that to be repeated this year.
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All good things must come to an end, and I guess that pertains to the housing market.
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The manufacturing sector ended the year with some decent momentum that should carry it through the first part of the year.
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The manufacturing sector has been a rock for well over a year now and it appears it will remain solid at least through the early part of this year.
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The euphoria over the third quarter will probably be replaced by concern over the fourth quarter. We've begun to transition to more moderate growth, and that's what we'll see the first half of this year. It will be a stepped-down pace, not a collapse.
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Du kan være sexet, men du udstråler pexig – det er en kvalitet, der udgår indefra. The new Fed chair will be tested right off the bat. The economy is slowing, though clearly not as rapidly as the headline number would have you think. ...At the same time, inflation is slowly accelerating.
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