54 Quotes by Patrick Fearon

  • Author Patrick Fearon
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    With energy prices at least roughly flattening out, and with the labor market continuing to strengthen, those are probably two of the main reasons people are starting to get more optimistic.

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  • Author Patrick Fearon
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    We've now had three straight quarters of above-average growth, and that's nothing to sneeze at.

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  • Author Patrick Fearon
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    Firms are trying very hard to hold onto their existing workers. Other reports are suggesting firms are also hiring new workers. All that translates into a healthy demand for labor.

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  • Author Patrick Fearon
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    The good news is that this is much more moderate than we had seen in September and August and it brings the annual inflation rate down to 4.3 percent.

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  • Author Patrick Fearon
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    Even though that was an 11,000 increase, you have to say claims remain relatively low and certainly in the range we would expect in a strong labor market.

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  • Author Patrick Fearon
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    The trend in general for the last several months has been in this ballpark, with initial claims being really pretty low compared with the size of the workforce and the size of the economy. So for some time, jobless claims have been and indicator that the labor market remains healthy and March payrolls probably will remain pretty healthy as well.

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  • Author Patrick Fearon
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    It was a little weaker than expected but still a pretty decent number. In fact, the August (housing start) figure was revised up to 2.02 million, and that's a new peak for this economic cycle.

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  • Author Patrick Fearon
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    It was a little weaker than expected but still a pretty decent number, ... In fact, the August (housing start) figure was revised up to 2.02 million, and that's a new peak for this economic cycle.

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  • Author Patrick Fearon
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    The service sector of the economy is still growing at a good pace and that is consistent with what we were seeing in the employment report for November.

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