29 Quotes by Joshua Feinman

It's already been working to dampen demand and cut into purchasing power. The longer it stays here, the longer that impact will last.

That just speaks to what a big hit manufacturing took and how long a way we have to claw back to reasonable rates of utilization.

It's still meaningful -- it's a sector that accounts for a lot of swings in activity.

The administration is likely to push for more fiscal stimulus, and this makes it a little more clear-cut, because O'Neill had been hesitant about that.

They will convey more or less the same message -- that the economy is looking better, but nothing that would convey the notion that they're going to be moving rates any time soon.

These numbers were worse than expected. But overall, the labor market is still deteriorating, but not at the rate it was after Sept. 11.

The labor market's starting to improve a bit -- it's not great, but it's getting better.

Before the storm struck, (the Fed) thought the economy was on sound footing, ... I don't think that's changed. The only thing Katrina may have done is raise some uncertainty about the near-term outlook.

If firms need pricing power, they should be clamoring for the highest possible rates of inflation. Firms don't have pricing power, but they can still make money, and a lot of it.