Add this to the negative impact of the hurricanes and flooding, resulting in lost jobs and incomes, and lost output, and we could be in for slower growth through the end of the year.
More Quotes from Ken Goldstein:
The flat pace in the leading indicators points to continued moderation in U.S. economic activity. This is reflected in indicators for manufacturing, housing, consumer, labor, and financial markets. The economy is starting to reflect the impact of growth restraints.Ken Goldstein
It's the equivalent of a Disney Channel of broadband interactive content. It's become a good business for Disney. Our goal is to be as ubiquitous as the Disney Channel.
Ken Goldstein
That's about as good as it gets for the next six months. We're about to downshift at least one gear, especially with respect to the job market.
Ken Goldstein
The performance of the leading index is suggestive of continued momentum or growth in the spring.
Ken Goldstein
Both investment and hiring intentions reflect a level of caution over both pricing and profit strategies.
Ken Goldstein
The labor market has been expanding throughout 1996, but in a very uneven pattern. Recent want-ad figures indicate that conservative hiring plans are keeping job growth below the rate of overall economic activity.
Ken Goldstein
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