Statistics do lag changes in the economy. I believe we will be migrating to one economy that will be a new economy as many companies that have been around for years embrace some of the newer technology.
More Quotes from Lynn Reaser:
They (investors) tend to overreact to individual economic reports which may be more statistical noise than an underlying trend which takes three to four months to develop, ... They tend to pay equal attention to almost any report that is relevant, and some are more significant than others.Lynn Reaser
This number shows that inflation is in a benign mode for the U.S. economy.
Lynn Reaser
All the components are above the break-even point of 50. There is also relief in the prices paid component from lower energy costs along with easing in delivery time.
Lynn Reaser
The underlying trend still seems to be relatively low, but the jobless claims will reflect the destruction to business activity in the region during the next two to three weeks.
Lynn Reaser
The news makes people nervous about corporate management.
Lynn Reaser
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