Mark Vitner Quotes
With so many folks sensing that interest rates were rising, we probably had some sales pulled from April into March. 
Tweet
Folks | Sensing | Interest | Rates | Rising |
comments powered by Disqus
The recent weakness in wage and salary growth is bad news for retailers, since wages and salaries, which account for more than 56 percent of personal income, tend to influence spending decisions far more than other income sources.
- Mark Vitner
The most recent acceleration in productivity growth looks like it was cyclically driven... Even with output soaring, many businesses were reluctant to boost hiring because the Fed was hiking interest rates and energy costs were surging. Even if businesses wanted to hire more workers, many could not because the labor markets were so tight.
- Mark Vitner