Manufacturing sector employment is likely to improve in the months ahead. However, employment gains are likely to remain below par.
More Quotes from John Silvia:
You could have dismissed it six months ago as a one-time hit,John Silvia
On balance, I think it's the latter. In most businesses, inventories are in line with sales expectations.
John Silvia
In no way is that positive for the administration in the fall. We are going to be in Iraq at the same time. It's war and the (slowing) economy. That has to be negative for the administration.
John Silvia
This good news supports the view of continued economic and employment gains with limited upside risk of rising interest rates.
John Silvia
They view the gasoline thing as temporary, and that's important because it didn't change their overall pace of spending. And that's a different kind of psychology. If it was a permanent increase in gasoline prices, then you would have expected consumers to make a more permanent adjustment downward in their spending and saving rate.
John Silvia
I think it's just oil and optimism about the New Year. I think oil is the driving factor due to the warmer weather, but people are now looking for better than expected (fourth-quarter) earnings, better than expected retail sales number. There's a host of good numbers out there.
John Silvia
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You can expect to find these four priorities - education, economic vitality, efficiency in government and the protection of families - woven into my decisions as Governor. They will serve as my compass as I work with you to chart a future course for our state.
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