Productivity numbers on a quarter-to-quarter basis are very volatile. The downwardly revised second-quarter numbers could easily be revised upward in the third quarter.

Looking back, it is understandable why the Australian and New Zealand currencies peaked in early 2005. That was about the same time that the demand for crude oil also started to moderate.

It shows that consumers are feeling poorly about the economy, similar to what we’ve see in other recessions. Confidence is not as low as it was in the recessions of the early 1990s and early...

We think the economy is poised to slow down and that’s good news for the Federal Reserve.

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,

The Fed may be looking at oil prices as a reason for the economy to falter and not a reason for it to overheat, so they won’t want to raise rates yet,

The upturn in confidence is an encouraging sign that economic conditions are stabilizing after the hurricanes. Lower energy prices are helping, but the upturn in employment is also a plus.

It’s still a good reading overall, but not quite as robust as we’ve seen in the last several months. The encouraging thing is that the employment component increased again. We are beginning to see businesses...

The jobless claims drop shows good strength in the labor market at the end of the year. It shows that the economy has recovered after the hurricanes and is heading into the new year with...

We got good news on inflation. People anticipate that with inflation still very low, the Fed will stay on hold for awhile.

We were anticipating that we could see a little bit of an improvement in October because the rebuilding after the hurricanes appears to have started and energy prices have stabilized, but it appears that it...

The (February) manufacturing report was a little better than expected, showing continued growth in manufacturing.

With the focus on the Federal Reserve, the PPI is probably more important to the market.

The big number is the employment number on Friday. If that number comes in weak for the third consecutive month, views on the Fed are likely to change significantly.

It speeds up the time that the Fed will probably think about raising rates and that’s negative for fixed-income.

He’s mentioning that the dollar should stay firm and that’s been a good factor for our economy. He’s been concerned for some time about foreign investors wanting to keep their money here and if we...

The Fed will probably not put a lot of emphasis on this data and instead will be looking more at the economy after the hurricane.

The employment component was just a tad lower than what we saw in November so it’s still a healthy number.

It looks like the economy is stabilizing after the hurricane-related stresses and we’re heading into the holidays with an upturn in confidence that is encouraging and bodes well for the good consumer spending over the...

It’s a good number for the economy. Labor markets are improving, and that increases the likelihood that the economy will remain strong.

The Philadelphia Fed business outlook index is still above zero in January, pointing to expansion, but the expansion is not quite as broad.

It probably doesn’t mean we don’t see another rate increase, but it suggests that the Fed is not behind the curve and inflation is not getting out of control.

It’s a little softer than expected, but it’s not all bad news.

If you put the two months together it still looks as if retail sales were strong at the beginning of the year — an average increase of 0.8 percent for each of the two months.

It looks like consumers are feeling at least better about the current situation. But I still think there is a lot of uncertainty about the future. The geopolitical news is not very comforting.

The good news is that the inflation number was also revised down slightly but is still running higher than we saw a year or so ago,

[And make no mistake: Energy prices are everything these days. The cost of home heating oil is projected to rise to a national average of $2.47 a gallon this winter, a 28.5% increase over last...

This suggests the government saw more real growth and less inflation in the quarter.

The good news is that what we’ve seen is an unchanged reading for the nonpetroleum items and it looks like what we’re still seeing is lower prices for many consumer items.

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 .

Clearly today’s numbers show that the economy is still healthy and that the Federal Reserve probably will still be concerned about inflation for at least a couple more months.

It’s not a big drop. It’s reflecting the fact that the economy has improved this year, but not enough that consumers are convinced things are sufficiently better.

The decline in the prices paid component is good news. It looks as if we’re seeing some moderation in pricing pressures, but not a significant drop.

This may help increase the inflation-fighting credibility of the Fed before we replace the chairman.

The Fed will probably hold rates steady at a low level as long as they can. And I think as long as the unemployment rate is rising, they’ll maintain a policy bias toward weakness.

The housing market is cooling off, but not too much, and inflation looks relatively benign.

It just looks like manufacturing in the Midwest cooled off a bit in January, but remained healthy.

The drop in August is just a pullback from that earlier surge in spending.

These numbers are slightly dated, but they show that the inventory liquidation period is over, and that (the) drag on the economy is probably behind us.

Historically, when we see confidence decline, we have to watch and see if it shows up also affecting spending. We’ll be watching closely to see … whether the decline in confidence is more of a...

[Still, the decision caught a few economists off guard.] I agree with the Fed’s view that the hurricane doesn’t pose a persistent threat to the economy, … But I think that if the Fed had...

They’re very good numbers. It’s telling us the manufacturing sector of the economy is clearly in recovery. It looks like we had not only a strong March but an even better February than the government...

It looks like consumers will be in a more giving mood, I don’t think they will spend with abandon. There are still some tight financial problems for many people. We probably will see active shopping...

The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers.

The rise in the employment component, combined with the drop in new jobless claims reported earlier today, suggests that employment conditions remain good at the start of the year.

The longer Congress delays helping the economy out, the longer the economy will remain weak.

It suggests the Fed is going to be watching closely to see if it is time to start taking back rate cuts. I don’t think he is saying that is imminent, but his tone is...

These numbers look as if there’s no urgent need to raise interest rates much further.

It looks like real spending was quite healthy for the start of the third quarter.

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...