Steven Wieting Quotes

While we don't take monthly changes in employment too seriously, today's data were slightly stronger than expected on hiring, but slightly weaker on hours and utilization, thus providing a 'growth positive' outlook.

- Steven Wieting

Tags

Monthly | Employment | Data | Slightly | Stronger |

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This is not entirely comforting but you'd need a lot more information than one month's PPI at the turn of the year to worry about inflation. - Steven Wieting

It takes a lot of confidence to buy cars and homes; people don't make that kind of decision on a whim. - Steven Wieting

Seeing a two-year low in confidence in the wake of Hurricane Katrina isn't that surprising. The news in the month of September has been terrible. The television coverage and the emotional impact of the story has a big effect on confidence in the short run. But spending has been inconsistent with these confidence numbers. - Steven Wieting