117 Quotes by Gary Thayer
- Author Gary Thayer
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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,
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- Author Gary Thayer
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We still have a very weak world economy, despite the fact that the U.S. economy is still doing pretty good, ... We're seeing lower prices basically because there is more production out there than demand.
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- Author Gary Thayer
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(The data are) suggesting the decline we've seen in the dollar over the last couple of years is not having an impact. It suggests the dollar may still need to fall to help narrow the trade deficit. But there's a risk to higher inflation if it does.
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- Author Gary Thayer
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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.
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We're still weak compared to where we were a year ago, but people are a little bit more optimistic about the future,
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We've been seeing improvement in the non-manufacturing side since late last year. We're seeing more activity in the travel sector and others that were hit really hard last year after the terror attacks.
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This supports the view that first-quarter economic activity is much better than what we saw in the fourth quarter of last year.
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This suggests the government saw more real growth and less inflation in the quarter.
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This report leaves the door open for a rate cut. There's still uncertainty out there, and as a way to sort of offset the uncertainty, the Fed will do more than it may need to do.
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