The small business sector is clearly slowing, but there are no signs of 'disorder' in the exiting, ... This is good news for the Fed, which expressed its pleasure by hinting at rate cuts if things slowed too quickly.
More Quotes from William Dunkelberg:
Barring a crippling auto industry strike or some other major event unforeseen in May, the latest survey readings indicate a growth rate of about 3 percent during the next six months,William Dunkelberg
Shopping action must have been heavy, as the frequency of reported sales gains jumped way up in November, to the third-highest level in all of '98.
William Dunkelberg
By historical standards, that's a good rate, but we're used to 5 and 6 (percent growth) now, so it's going to feel bad. Perspective gets skewed by prosperity.
William Dunkelberg
A net 17 percent of small employers plan to increase employment in the next three months, indicating that this year could be a fairly good period for manufacturing if the economy holds and the dollar weakens.
William Dunkelberg
The index suggests that the consensus economic forecasts predicting slower growth for the first half of 1999 will be wrong again. We look for growth in Gross Domestic Product to keep running above 3 percent until at least mid-year.
William Dunkelberg
While hiring plans have softened since last year, labor markets remain extremely tight.
William Dunkelberg
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