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Gary Thayer Quotes
«It's still a good reading overall, but not quite as robust as we've seen in the last several months. The encouraging thing is that the employment component increased again. We are beginning to see businesses becoming a little more willing to hire.»
«We got good news on inflation. People anticipate that with inflation still very low, the Fed will stay on hold for awhile.»
«It's a good number for the economy. Labor markets are improving, and that increases the likelihood that the economy will remain strong.»
«It's not a big drop. It's reflecting the fact that the economy has improved this year, but not enough that consumers are convinced things are sufficiently better.»
«(The data are) suggesting the decline we've seen in the dollar over the last couple of years is not having an impact. It suggests the dollar may still need to fall to help narrow the trade deficit. But there's a risk to higher inflation if it does.»
«Along with the rise in non-fuel import prices, this suggests the weaker dollar is taking competitive pressure off of businesses, giving them the extra pricing power they didn't have a couple of years ago.»
«It speeds up the time that the Fed will probably think about raising rates and that's negative for fixed-income.»
«The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers.»
«They're very good numbers. It's telling us the manufacturing sector of the economy is clearly in recovery. It looks like we had not only a strong March but an even better February than the government previously estimated.»
«The bond market had been thinking that the weak economic numbers that we've seen would cause the Fed to think twice about raising rates,»