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.
More Quotes from Gary Thayer:
We're not seeing a lot of strength in goods and services right now. Sales are mixed. Some categories are doing OK and others are weak. We're not seeing an outright decline.Gary Thayer
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.
Gary Thayer
This suggests the government saw more real growth and less inflation in the quarter.
Gary Thayer
We've seen, over the past seven months or so, orders stabilize or improve slightly, compared to a big decline last year. Orders are rising relative to inventories, and that's a positive sign for capital spending.
Gary Thayer
This may help increase the inflation-fighting credibility of the Fed before we replace the chairman.
Gary Thayer
There's still a lot more inflation fear than there is inflation. There is still concern that the economy could generate inflation at some point but it still doesn't seem to be doing that. The Fed doesn't need to act more aggressively, but it doesn't mean that they won't.
Gary Thayer
Readers Who Like This Quotation Also Like:
Based on Topics: Labor QuotesBased on Keywords: lower-than-expected
Even though I had a lucrative contract with MGM, I had a husband who was drinking and gambling our money away faster than I could make it.
Esther Williams
Miller is not really a writer but a non-stop talker to whom someone has given a typewriter.
Gerald Brenan
If we continue to develop our technology without wisdom or prudence, our servant may prove to be our executioner.
Omar N. Bradley