54 Quotes by Patrick Fearon

The ISM manufacturing index came in at a decent level in January, just slightly below expectations, but still high enough to suggest that the manufacturing sector is expanding at a steady-as-she-goes pace.

The ISM index shows that the service side of the economy continues to grow well and that's important because that sector makes up the large majority of the economy.

The core PCE price index is a calming influence on the bond market. Inflation so far has far not gotten out of hand.

The core PCE price index is a calming influence on the bond market, ... Inflation so far has far not gotten out of hand.

Initial claims were significantly better than the expected 300,000, and they were well within the range we would expect in a solid job market.

All kinds of indicators point to a very good report on April employment ... with jobless claims figures coming in where they are and the consumer confidence indicators ... all point to solid job creation.

The housing starts figure coming in down 5.6 percent was weaker than expected and seems consistent with our thesis that the housing sector is moderating. The big decline in housing permits reinforces that idea.

The drop in jobless claims is a darn good number. A number in the range of 325,000 to 350,000 is a level that is more consistent with healthy economic growth,

The drop in continuing claims could be a sign that the unemployment rate could start drifting downward.