24 Quotes by Gina Martin
- Author Gina Martin
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We're going to fill up all of our buses, and hopefully, we'll bring them up and if we have to go back down there and pick up another group of people, we'll just keep going until they don't need our help anymore.
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- Author Gina Martin
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We're basically guessing how the BLS adjusts for Katrina, which is an even bigger stretch than we normally have to do.
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We're consistently breaking records with this report, and just about every month is bigger than expected, so I don't think there's any great change to the story.
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Single family starts will likely remain elevated until we see a significant increase in long term interest rates.
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Single family housing starts, which correlate closely with changes in average mortgage rates, remain robust for now, ... We should start to see this series moderate in future months as higher mortgage rates keep a lid on borrower interest. However, mortgage rates have plenty of room to move before they even reach pre-recession levels. As a result, we may not see a slowdown in housing construction until the autumn months of this year.
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Measures of consumer perceptions should be watched carefully for large and drastic moves, but the analyst who relies on small moves for an indication of consumer purchasing behavior is likely to get burned.
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If anything, this confirms the Fed's bias towards inflation rather than worrying about a slow down in growth. The Fed seems to have no worries about growth, as least as far as manufacturing is measured by ISM.
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I think it is a critical number. It's one of the first readings we get on consumer confidence post-Katrina.
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The 2002 holiday season will likely be a moderate one, not blowing away modest expectations, but not disappointing them either.
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