Ken Goldstein Quotes (69 Quotes)

All the folks writing stories about the double dip ought to just delete that file. There are no guarantees, but the train is leaving the station.

Some of the department store sales don't make sense to me,

The labor market picture remains a bit cloudy. There are some bright spots where the job market may be picking up, but it's by no means a clear picture.

With slower hiring, and indications that hiring might remain soft in the months ahead, the economy could struggle, setting up a self-fulfilling prophecy.

Both investment and hiring intentions reflect a level of caution over both pricing and profit strategies.

There are a lot of factors here, but more than anything else, we haven't had a full jobs recovery, and the consumer is waiting for that. These numbers reflect they're kind of running out of patience.

The leading economic indicators began to lose a little momentum before the hurricanes and flooding. Domestically, business investment appeared to be headed toward a moderate pace in the third quarter.

We've seen the trade deficit widen each of the last four years at relatively the same pace. What's going to happen because of Asian flu is it will widen twice as fast this year as it did each of the last four years.

The labor market picture remains cloudy.

Severe weather conditions and uncertainty over interest rates may help explain why the rise in the indicators was cut short.

We're really creating an arms-length relationship with Disney. It's a big deal, and the only way to go for a media company.

Today's conditions are similar to those prevailing in the late 1980s, when there were also widespread reports of jobs available and no one to fill them.

A large portion of the declines in ads in November and December are seasonal declines as businesses cut back recruitment ads during the holiday season.

There's nothing wrong with the economy right now. That's not the issue,

Part of the real story here is that, through July, producers were still getting more output, with fewer labor hours put in. Productivity in the third quarter is probably going to be stronger than in the second quarter, confirming the idea that, while the stock market's not in good shape, the overall economy's not that bad.

This was a combination of both bad weather and the timing of when Easter fell, so it made the earlier period look better and this period look worse, ... When you wash these effects out, you essentially get the signal that consumption is not going like gangbusters, but at least it's reasonably strong.

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.

Iowa is the center of the advertising storm. This is where it's going on.

The continued growth in consumption, not just in the second half of this year but continuing into 1998, means that producers have to invest. They've got to build up inventories.

The Leading Economic Index suggests that this period of slower growth will probably continue for the next few months.

These data suggest the post-holiday labor market will remain relatively soft -- probably delivering a little less than 200,000 new jobs a month on average.

The labor market indicators turned a little more positive this summer.

Productivity is the wild card. It's the one thing that has kept the tension between prices and wages on a low simmer.

The biggest risk to the ongoing expansion, which in June will be in its record 111th month, remains the interest-rate increases at hand and the prospect of still more action by the Federal Reserve Board, ... The data suggest that some sectors may be beginning to respond to Fed tightening.

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.

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.

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.

If all we've had is consumption, not business investment, there could be a self-fulfilling factor here, ... If consumers run out of patience, they start trimming sales a bit, and the economy, rather than picking up, may weaken a bit. Then the consumer says, 'See, I told you it was going to happen.'

The key here is the focus on local news. Local TV news is the single greatest source of information for the majority of Americans - whether it be politics or health - and understanding what sorts of health information people are being exposed to demands that we analyze the content of this most prevalent source.

The labor market indicators reflect a loss of economic momentum, even eliminating the impact of the storms and flooding.

I think we are going to get consistent job growth. The signals we're getting suggest we're on the road to better growth. Unless something else happens, then perhaps in a few months, we will finally get some good news in the labor market.

The fact that the January number is back up to the higher level we saw in August 2005 indicates that the demand for labor is holding steady and seems to have weathered the hurricane and energy-related effects of last fall. The January online help-wanted ad volume is consistent with what we are seeing from the Consumer Confidence Survey. In January, consumers were more upbeat about current economic conditions, and they were especially more positive about the job market.

This is confirming the idea that, while the stock market's not in good shape, the overall economy's not in bad shape it's nowhere near going into a double dip.

The performance of the leading index is suggestive of continued momentum or growth in the spring.

The storms and flooding, and now the rebuilding and dislocations in the Gulf Coast area, are taking place in a weakening national labor market.

means that if you get the job, you don't have to belong to a union, and that employers are not required to have a unionized workforce.

The indicators may be signaling a spurt of growth ahead, perhaps in the spring, which could be followed by a slower pace of activity later in 2006.

A weakening national situation is not good news for the Gulf Coast area. Some workers seem reluctant to move to an area where the labor market was already weak.

This is not a party-line vote, either. Groups on the left and the right are joined together in fighting this attack on the first amendment.

begin to make way for a better economy this fall.

The September data indicate a general weakening in the job picture nationwide -- a trend we were seeing before the recent hurricanes, ... That data is consistent with the latest CEO Confidence Survey, which is also down.

The combination of three bucks a gallon for gas and what the rest of the country is looking at on TV and hearing about and reading about certainly are not positives.

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.

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.

The number of job ads per 100 participants in the labor force is consistently highest on the West and East coasts and in the Mountain area.

The three things that most concern consumers are jobs, jobs and jobs.

The small but consistent decreases in the past three-month period certainly point to a second-half economic performance less robust than in the first half of 2000. With employment and income still rising, there will be growth, but not at the pace set earlier in the year.

We discovered for the umpteenth time that what matters most for most Americans is the labor market.

They're saying the economy stinks this summer, for whatever reason, but their anticipation is that it will turn for the better.

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.