Ted Wieseman Quotes

We're seeing some upside price pressure in other goods relative to the trend. Capital goods, for instance, are exhibiting pricing power.

- Ted Wieseman

Tags

Upside | Price | Pressure | Goods | Relative |

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With the caution that this is inherently a very volatile set of numbers - especially in July when seasonal swings are huge - the reported results were significantly softer than expected just about across the board. - Ted Wieseman

The evidence broadly viewed continues to point to underlying improvement in labor market conditions. Seasonal adjustment of weekly data is a tricky problem and especially so around holidays. - Ted Wieseman

Combining the data on construction spending, manufacturing inventories, capital goods shipments, and wholesale inventories released since the GDP report, we now see fourth quarter GDP being revised up to 1.5 percent from the advance estimate of 1.1 percent. - Ted Wieseman