60 Quotes by Steven Wieting

Friday's number is not going to make much of a difference for the outlook for the economy.

I don't' think we've seen any sign here that there is an urgency to risk damaging the pace of the upturn. Why rush, why panic?

He has time over time noted a single month of economic data is a poor guide to the future,

There is no change in course, and markets have already priced in more action.

There are several large drags, in a statistical sense. The underlying condition is that we're probably losing jobs. But the February and March data are not indicative of how bad it really is.

I think it comes down to the mechanics of how folks were counted.

It comes down to a political choice, ... whether this is the kind of thing where you happily wait and continue unemployment insurance in the hope that certain industries bounce back cyclically, or you accept the fact that certain job categories are gone for good.

I think energy affects us at every price. As we go marginally higher, growth forecasts get marginally weaker,

Some of the conditions that have ripened the growth outlook at the start of 2006 are unlikely to last into spring. Abnormally warm weather boosted construction activity in December. ... Judging by a 46,000 gain in construction employment in January, the winter 2006 will go down as an unusually early and strong period for building activity.