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Drew Matus Quotes
«Traditionally, we have had some connection between the amount of firing and the amount of hiring in the economy. That linkage has broken as productivity gains have taken hold and firms have become more cautious overall.»
Author: Drew Matus
«When you have M&A activity, strategic decisions are being made, and that's a development that only occurs when people are very confident and looking towards the future. That will help the economy, and we will have hiring.»
Author: Drew Matus
«The ISM reports are honestly not the best way to go about forecasting the payroll report.»
Author: Drew Matus
«We had a lot of companies in that period that were not making money, hiring a lot of people who were not doing anything for their pay.»
Author: Drew Matus
«While this raises a red flag, no one should be in panic mode just yet.»
Author: Drew Matus
«An extraordinarily weak figure for August. As a result, we are lowering our Philadelphia Fed survey forecast to 18.0.»
Author: Drew Matus
«The decline in the index was the result of another move down in consumers' view of their personal finances -- most likely as a result of the continuing high level of oil prices, the job outlook, another Fed rate hike and the continued negative remarks on the state of the economy during the run up to the election in November.»
Author: Drew Matus
«A sizeable two-month decline in new home sales likely means that the long-awaited move back toward a more sustainable rate of housing activity has begun.»
Author: Drew Matus
«The big wild card becomes what the Fed does about it. That's why the bond market is rallying -- rather than concentrate on the inflationary aspects of higher oil prices, the market thinks the Fed will focus on the growth aspects.»
Author: Drew Matus
«The risk is that there's something that economists aren't picking up. As oil prices go higher, firms see margins compress and that could put a squeeze on hiring.»
Author: Drew Matus