Quotes from the news wire:
With labor market turnover stable and demand rising, further gains in employment should drive a modest improvement in wage growth and better rates of household income growth.
Found on Reuters 8 years ago
Firms do not appear to be shedding labor. We expect hiring activity to resume in the coming weeks and lead an overall rebound in net employment growth.
Found on Reuters 8 years ago
Persistently low price expectations increase the risks of monetary policy remaining highly accommodative for longer than currently expected.
Found on Reuters 8 years ago
We take limited signal on the overall economy from such an outturn. That said, stronger inventory growth mechanically boosts current quarter GDP estimates.
Found on Reuters 8 years ago
Diminishing labor market slack has led to a modest increase in wage growth, evident across several measures of worker compensation, we expect that wage growth will continue to move up gradually, helping core inflation return toward target once the headwinds from lower import prices subside.
Found on Reuters 8 years ago
Claims are still low from a historical perspective, and we see little evidence in this morning's report to suggest anything other than healthy labor market separations.
Found on Reuters 8 years ago
This morning's report provides little new signal on the state of U.S. manufacturing. Demand for many categories of manufactured goods continues to struggle from the effect of a stronger dollar, weak foreign demand and lower energy prices.
Found on Reuters 9 years ago
The consumer remains the main engine of economic growth. We expect this dynamic to remain in place.
Found on Reuters 9 years ago
We continue to see a large drag from private inventory investment as trimming headline growth, but with a smaller drag from net trade and more modest equipment investment, the composition of third-quarter GDP is likely to be more balanced.
Found on Reuters 9 years ago
We do not expect the recent slowing to lead to a broader pullback in aggregate growth, as service sector activity remains solid.
Found on Reuters 9 years ago
Combining these data with figures from the Labor Department's employment report suggests that labor market slack continues to diminish, on balance, the data suggest labor demand held up solidly at the beginning of the third quarter.
Found on Reuters 9 years ago
We continue to see a stronger dollar and lower energy prices as posing headwinds for industrial output and do not look for a strong rebound in the sector this year.
Found on Reuters 9 years ago
The Markit survey confirms that U.S. manufacturing is likely to see only a sluggish pace of growth in the third quarter.
Found on Reuters 9 years ago
Trend readings of both initial and continuing claims remain low from a historical perspective, which we expect to continue.
Found on Reuters 9 years ago
The survey data suggest better spending on healthcare services, in particular at outpatient care facilities and other medical service providers.
Found on Reuters 9 years ago
This is consistent with our expectation that the domestic manufacturing sector will continue to face headwinds from the lagged effects of a stronger dollar and lower energy prices.
Found on Reuters 9 years ago
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