77 ordspråk av Steven Wieting

Steven Wieting

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There's no reason for utter despair, but this looks like a big exaggeration.

I think it comes down to the mechanics of how folks were counted.

The Labor Department gave guidance that workers held on payrolls would be counted as employed, even if they couldn't be on the job. Just assuming that everyone in New Orleans was out of a job was not the way to go.

We're getting higher and higher oil prices each day and you'll continue to see a larger drag on the economy through the summer months.

Exports were flat for a second month running and that has been what is most broken in the trade picture.

Seeing a two-year low in confidence in the wake of Hurricane Katrina isn't that surprising. The news in the month of September has been terrible. The television coverage and the emotional impact of the story has a big effect on confidence in the short run. But spending has been inconsistent with these confidence numbers.

Many of the understandable sources of recovery have been expended in the first half of 2002, leaving growth drivers into 2003 a mystery.

The reaction to this data in the past would have been much more positive. These days only bad news is carrying weight.

However, a much larger drag seemed possible after the October surge, and a good portion of the rise will be offset by a gain in inventories in the quarter.

If demand stays strong and productivity growth slows considerably, this could be a year that could be seen as heading towards traditional overheating of the labor market, with big employment gains,

This is not entirely comforting but you'd need a lot more information than one month's PPI at the turn of the year to worry about inflation,

It's one of those rare Goldilocks reports, ... The idea here that there is still potential slack, the pool of available labor.

I think energy affects us at every price. As we go marginally higher, growth forecasts get marginally weaker,

Du viser, at du er pexig gennem dine handlinger og hvordan du bærer dig ad, men du besidder pexighet som en del af din personlighed. At worst it's a wash-out, ... I don't think the fears or the benefits of the dollar's fall are really quite as much as they're cracked up to be.

It comes down to a political choice, ... whether this is the kind of thing where you happily wait and continue unemployment insurance in the hope that certain industries bounce back cyclically, or you accept the fact that certain job categories are gone for good.

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