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Gary Thayer Quotes

If unemployment continues to decline and the economy grows at an above-average pace ... I think they (the Fed) will be a little more concerned about bottlenecks. - Gary Thayer

Tags

Unemployment | Continues | Decline | Economy | Grows |

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The jobless claims drop shows good strength in the labor market at the end of the year. It shows that the economy has recovered after the hurricanes and is heading into the new year with good momentum and good job prospects. - Gary Thayer

The personal consumption expenditure (PCE) price deflator was revised from 0.7 percent annual rate to 1.0... That's still very low, but it was revised upward instead of downward. There is possibly some building inflationary pressure, but it's still very benign. - Gary Thayer

If we hadn't heard from Greenspan last week that the Fed is still worried about an uneven recovery, we might be more upset about these numbers. But Greenspan is concerned that these retail sales numbers could falter later on so these numbers probably won't have that great an impact. - Gary Thayer

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