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Patrick Fearon Quotes

«It's a good sign that the consumer has some momentum going into the start of the year and that probably reflects the fact that the labor market is continuing to improve, albeit modestly. It's a positive for economic growth this year.»
«It looks like warm weather had a big impact so the big jump in January housing starts can be attributed to that. However, the moderating trend in housing really is still in place.»
«This could be a temporary blip.»
«Initial claims were significantly better than the expected 300,000, and they were well within the range we would expect in a solid job market.»
«It remains pretty clear that corporations are interested in holding on to their workers as the economy continues to expand.»
«So despite the indicator today, the report for February might not be quite as strong as this is suggesting.»
«This level still looks like companies are happy with their current work force, and they are being relatively stingy about keeping their workers -- they don't seem to want to lose too many.»
«People who are unemployed are finding it relatively easier to find jobs. All around, it's a pretty good situation for the labor market.»
«The ISM index shows that the service side of the economy continues to grow well and that's important because that sector makes up the large majority of the economy.»
«The trend in general for the last several months has been in this ballpark, with initial claims being really pretty low compared with the size of the workforce and the size of the economy. So for some time, jobless claims have been and indicator that the labor market remains healthy and March payrolls probably will remain pretty healthy as well.»

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