Labor market weakness isn't spreading from the hurricane- affected areas to other areas of the country. We are starting to see hurricane-related claims drop off, and more important for the economic outlook, jobless claims excluding the hurricane effects remain low.
More Quotes from Dean Maki:
I think they are generally more concerned with inflation risks than growth risks right now. I think the contention will be that it is worth trying to make extra-sure that inflation doesn't rise.Dean Maki
It looks like a temporary move lower. It appears that imports were affected by the timing of holidays in Asia.
Dean Maki
This trade number doesn't change that at all.
Dean Maki
One way to interpret it is that sellers may have only been willing to sell if they got the prices they were expecting. Fewer got that, so there were less actual transactions as prices continued to rise.
Dean Maki
Inventories will be rebuilt for some months to come and that will bolster economic growth.
Dean Maki
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Based on Topics: Countries Quotes, Economics Quotes, Labor QuotesBased on Keywords: hurricane-related
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