It tells us the economy is in a sweet spot,

The Federal Reserve and energy prices really have the fate of the economy in their hands.

But what we've seen is if you hit the economy over the head enough times with higher energy prices and short-term interest rate hikes, it reacts.

This report kind of confirms the market's fears that the economy is limping around on just one foot. At same time, I don't think this report is telling us we're moving toward a recession.

This is actually a good report because it really tells us the economy is healthy.

When the economy hits rough spots, gridlock is not good.

A lot of players in the economy are realizing this is a sustainable expansion. That's a factor you must have in order to support increased hiring.

There is a lot of pain, and if anything these statistics are understating the pain, ... At the same time the economy is showing some potential signs of improvement, you're not finding a lot of firms offering jobs.

Greenspan has to give reassurance that, if things deteriorate, the Fed is willing to act. But the underlying structure of the economy seems pretty good.