Joseph Abate

Manufacturing activity in the region appears to have cooled off. We suspect it will be another month or two before read more

Manufacturing activity in the region appears to have cooled off. We suspect it will be another month or two before auto manufacturers start ramping up production to replenish sales-depleted inventories.

Warm weather and a post-December rebound in new activity will likely boost construction payrolls. Retail employment should also enjoy a read more

Warm weather and a post-December rebound in new activity will likely boost construction payrolls. Retail employment should also enjoy a post-holiday boost.

With corporate balance sheets and cash flow strong, we look for investment spending to remain strong, pushing up growth in read more

With corporate balance sheets and cash flow strong, we look for investment spending to remain strong, pushing up growth in the capital stock and adding to labor productivity growth in 2006.

The claims data are telling us that the labor market is continuing to improve and growing at a rate of read more

The claims data are telling us that the labor market is continuing to improve and growing at a rate of about 200,000 jobs a month.

There has been some spotty signs of a cooling in the broader housing market.

There has been some spotty signs of a cooling in the broader housing market.