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This quote is just one of 9 total Gary Thayer quotes in our collection. Gary Thayer is known for saying 'Manufacturing is expanding, but not as broadly as in November. There was weakness in new orders and employment.' as well as some of the following quotes.
We're in the range between 50 and 55 (in the ISM index) where the Fed often holds interest rates steady, and with Hurricane Katrina likely impacting the economy, particularly in the South, in September, we may see the Fed hold policy steady for a while until policy-makers can assess the full impact of the hurricane.
The rise in the employment component, combined with the drop in new jobless claims reported earlier today, suggests that employment conditions remain good at the start of the year.
The jobless claims drop shows good strength in the labor market at the end of the year. It shows that the economy has recovered after the hurricanes and is heading into the new year with good momentum and good job prospects.
This quote is just one of 9 total Gary Thayer quotes in our collection. Gary Thayer is known for saying 'Manufacturing is expanding, but not as broadly as in November. There was weakness in new orders and employment.' as well as some of the following quotes.