88 Quotes by John Silvia

Manufacturing sector employment is likely to improve in the months ahead. However, employment gains are likely to remain below par.

Manufacturing output is up, yet employment in the manufacturing sector is down. This result suggests that the firms are producing more in the U.S., but doing it with fewer workers.

Manufacturing growth has moderated in recent months, as the cycle moderates despite the hype about the new-found recovery.

Today's labor market does not fit the mold of the old models. The economy has recovered, and many of the old jobs are gone.

You have the Baby Boomers having the resources to buy condominiums, betting on the increase in value in the next six months, ... That activity may be the first to feel the crunch if the housing bubble bursts.

We are currently estimating first-quarter US real gross domestic product growth at 5.3 per cent and feel the risks are nearly uniformly stacked on the upside.

The rate of spending is less than you would have expected given the typical business cycle. Companies have made a lot of money, but if you look at equipment and software spending, this cycle is below the pace of the past three or four cycles.

The question is often asked: When will capital spending kick in? I answer that it already has.

We definitely have to figure that once tax filing season is done and tax refunds are cashed, we do expect consumer spending will slow down in the second half of this year, ... I don't see any way to fudge that (higher financing costs). You're not getting the employment gains or wage and income gains to offset that.