The new-home sales market is the canary in the coal mine. Builders have a better clue as to what the right price is to move a house.
More Quotes from Anthony Chan:
Although the BLS failed to provide an estimate of what the hurricane did to this report, my research does show that in nine out of the last 10 largest hurricanes, payrolls softened by an average of 120,000,Anthony Chan
If we see strong average hourly earnings, that would be bad for stocks and bonds because it puts the inflation bogey-man on the front burner.
Anthony Chan
These jobs are not lost forever. When you take into account everything coming through the pipeline, all Federal aid, all the insurance money, there will be a lot of jobs created by recovery efforts. Remember the GDP of New Orleans was about 40 billion annually before the storm. We'll easily see more than that being pumped into the system.
Anthony Chan
The good news is that if so many people are entering the labor force it must mean that they are perceiving an improvement in the economy's prospects, ... The bad news, however, is that if too many people become optimistic about their job prospects, then the unemployment rate will continue to push higher. And the higher unemployment rate does have a damaging impact on consumers. They see it and they think, 'I shouldn't be spending money.' That's one of reason the unemployment rate is so important. It's the one that drives what happens on main street.
Anthony Chan
There's no question the recovery is taking longer than people thought. People thought the economy would pick up very quickly and that we would have a typical garden variety economic recovery. That's not the case, but the good news is it is a recovery. You can't ask for more than that.
Anthony Chan
The much stronger-than-expected durable goods number is significant because it comes on the heels of a sizable gain the previous month.
Anthony Chan
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Based on Keywords: new-homeI had read the novel and I had heard David Lean was going to direct it - and it came as a surprise to me because American actors, if given the chance, can do style as well as anybody and speak as well as anybody.
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As the first Member of Congress from western Washington to serve on the House Agriculture Committee in over 50 years, I am proud to represent the needs of our agriculture community.
Rick Larsen
The fact that anyone would find me sexy is very, very flattering, but ridiculous. I so don't believe it. But I'm flattered. Truth is, I don't lift a finger to look sexy. Ever.
Laura Prepon