Quotes from the news wire:
Labor market conditions appear to be healthy at the start of the third quarter as labor-intensive service businesses continue to hire given strong pent-up demand.
Found on Reuters 3 years ago
Consumers have plenty of income and wealth ammunition to support consumer spending, while business inventories remain lean and restocking efforts are poised to support business investment and overall GDP growth substantially in the second half of the year.
Found on FOX News 3 years ago
No doubt it will be a challenging few months as the vaccines struggle to get distributed and lockdowns remain in place, however, as COVID gets under control, we expect growth to ratchet higher, running at around a 7% pace in the second half of the year.
Found on Reuters 3 years ago
Most recently, continuing claims have plateaued and suggest that we could be seeing an early sign that employers are calling back employees as states begin to re-open, focus should continue to center on continuing claims, which provide a better idea of the challenges unemployed workers face and also some insight into the hit to GDP growth.
Found on Reuters 4 years ago
The employment report will be a critical element in determining how the third quarter is starting off, extended labor market gains would support further solid consumer spending growth.
Found on Reuters 5 years ago
As the benefits of fiscal stimulus fade and trade policy uncertainty and slowing global demand remain headwinds to business investment, U.S. GDP growth should moderate.
Found on Reuters 5 years ago
Given signs of slowing growth and little material progress on the trade war, a rebound in job growth would still leave the Fed on course to cut rates at the July meeting and we expect a 25 basis points cut.
Found on Reuters 5 years ago
Given the recent improvement in economic activity, we expect more workers to be drawn into the labor force.
Found on Reuters 5 years ago
The economy remains solid, but we anticipate a slowing in the pace of growth in the medium term as the tailwinds from fiscal stimulus fade and the headwinds of tighter monetary policy take hold.
Found on Reuters 5 years ago
One is hard-pressed as to not concur that the U.S. economy not only remains on solid footing, but is likely to show an accelerated pace of growth in the second quarter.
Found on Reuters 6 years ago
June's employment report could provide sufficient evidence to Fed officials that they are still positioned to proceed with their monetary policy normalization plans in the second half of the year.
Found on Reuters 7 years ago
The slower pace of productivity gains in recent years suggests the economy's potential rate of growth has fallen, thus, even with economic growth of around only 2 percent for the remainder of the year, inflation is likely to rise if corporations aim to maintain margins.
Found on Reuters 8 years ago
It will be tough to swallow such a low first-quarter GDP print, but thankfully we should be quickly reminded of the strength and resiliency of the U.S. economy when the April nonfarm payroll report is released next Friday.
Found on Reuters 8 years ago
Import prices should continue to exert a drag on domestic inflation in the first half of 2016. The incoming data continues to provide uncertainty over the likelihood of a rate hike in March.
Found on Reuters 8 years ago
We don't think it will detract from the possibility that the Fed is considering a September rate hike, only if we saw ominous signs of a deterioration elsewhere in the data.
Found on Reuters 9 years ago
This provides support that March's weakness was temporary and it underpins expectations that nonfarm hiring will rebound in April and continue to post healthy rates of job growth in the coming months.
Found on Reuters 9 years ago
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