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Jay Feldman Quotes

The Beige Book verifies what the data has already been saying - labor markets are tighter and wage pressures are intensifying. - Jay Feldman

Tags

Beige | Book | Verifies | Data | Labor |

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It seems the New York and the Philly Fed index did a bit of a role reversal: New York was very weak last month and bounced back this month, and there was the opposite pattern with Philly. - Jay Feldman

Confidence is fine, but the more important question for the consumer is what is going on in the job market, and by all accounts that remains quite strong. Manufacturing seems to be shifting into a faster gear. - Jay Feldman

The Beige Book verifies what the data has already been saying - labor markets are tighter and wage pressures are intensifying. - Jay Feldman

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