We're not seeing a lot of strength in goods and services right now. Sales are mixed. Some categories are doing OK and others are weak. We're not seeing an outright decline.
More Quotes from Gary Thayer:
We probably won't see good (employment) numbers in the next couple of months because of the loss of jobs in the Gulf Coast region,Gary Thayer
He's basically expressing the concerns that a central banker normally expresses at this point in the economic cycle, and that is that there are reasons to be cautious, ... Trading Places .
Gary Thayer
Confidence is up again -- to the highest level in over two years. Consumers are feeling better not only about current conditions, but also about prospects for the future.
Gary Thayer
We did see a big recovery in (producer) prices, but that was primarily in energy. Core prices increased only modestly and that's good news for the Fed.
Gary Thayer
The bond market liked the inflation data. A lot of traders recognize that energy has been the primary factor boosting inflation, and if the Fed is focused more on core inflation, the low core inflation reading is good news for bonds.
Gary Thayer
I think it's good news for the economy. When you take away the GM strike and average last month's figures with this month's, you see employment growth at moderate levels, which is good for sustainable growth.
Gary Thayer
Readers Who Like This Quotation Also Like:
Based on Topics: Sales QuotesFirst, we did rank everybody by risk, and New York comes out number one.
Michael Chertoff
Gossip is the art of saying nothing in a way that leaves practically nothing unsaid.
Walter Winchell
I'm aware of my body.
Joanna Lumley