Consumers are concerned that wages are not keeping pace with inflation, and managers feel they can't raise prices. It's difficult to imagine how both can be satisfied in 2006.
More Quotes from Ken Goldstein:
The labor market indicators turned a little more positive this summer.Ken Goldstein
Historically, job advertising drops off in the months of November and December. This online series does not have a long enough history to seasonally adjust the data. However, we know from The Conference Board's long running Help-Wanted Index for print ads, as well as the Federal Bureau of Labor Statistics' job vacancy index (JOLTS) that businesses typically decrease their recruitment in the last two months of the year. This seasonal November decline typically reflects the Thanksgiving holiday and a slowdown in recruitments after a seasonal upturn in the late summerearly fall. Year-end budget constraints may also play a role if funds are short for paid advertisements. Nationally, the downturn in new online ad volume the week before and the week of Thanksgiving more than offset the modest increases in the other weeks in November.
Ken Goldstein
The Leading Economic Indicators have been anything but consistent -- flat to declining from July through September, and recovering in October and November.
Ken Goldstein
We discovered for the umpteenth time that what matters most for most Americans is the labor market.
Ken Goldstein
Rising business costs and uncertainty in many companies about price hikes is a major consideration now in how fast the domestic economy can grow, especially in the second half of the year.
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
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