Joseph Abate ( 10 of 10 )
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.
On net, we'll see some damage and a hit to corporate profits and proprietors' income, but that effect is temporary. read more
On net, we'll see some damage and a hit to corporate profits and proprietors' income, but that effect is temporary. But in the next quarter, we will get some mild stimulus from the rebuilding. Certainly, it will have no major, permanent effect on the economy.
The increase in gasoline prices and the prospect of a long, expensive winter is depressing sentiment.
The increase in gasoline prices and the prospect of a long, expensive winter is depressing sentiment.
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.
Further improvement in earnings and additional declines in the unemployment rate is likely to boost overall confidence and keep consumption read more
Further improvement in earnings and additional declines in the unemployment rate is likely to boost overall confidence and keep consumption strong.
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.
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.
With little excess capacity left in the labor market, we expect continued upward pressure on wages.
With little excess capacity left in the labor market, we expect continued upward pressure on wages.
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.
The fact that households are saving so little, even with strong growth in personal income, is a potentially troubling development.
The fact that households are saving so little, even with strong growth in personal income, is a potentially troubling development.
