92 Total Quotes

Gary Thayer Quotes

It still shows a pretty healthy economy at this point. The manufacturing side of things and business spending will be good this year.
Gary Thayer
#Business

Fewer people are worried about jobs right now, more people think that jobs are easy to get, and I think that's supporting confidence despite the high energy prices.
Gary Thayer
#Jobs

They're very good numbers. It's telling us the manufacturing sector of the economy is clearly in recovery. It looks like we had not only a strong March but an even better February than the government previously estimated.
Gary Thayer
#Economy

If we'd had a substantial decline in the dollar against the Chinese currency we'd have probably seen a substantial rise in the price of some of the items that we buy from China.
Gary Thayer
#Chinese

The Fed will overlook the strength in the economy before Katrina and focus more on getting the economy back on its feet and probably will hold policy steady until we see how the economy is actually dealing with the shock of lost jobs and high gasoline prices resulting from Katrina.
Gary Thayer
#Economy

We got good news on inflation. People anticipate that with inflation still very low, the Fed will stay on hold for awhile.
Gary Thayer
#Inflation

This may help increase the inflation-fighting credibility of the Fed before we replace the chairman.
Gary Thayer
#Credibility

The longer Congress delays helping the economy out, the longer the economy will remain weak.
Gary Thayer
#Congress

The bond market liked the inflation data. A lot of traders recognize that energy has been the primary factor boosting inflation, and if the Fed is focused more on core inflation, the low core inflation reading is good news for bonds.
Gary Thayer
#Energy

If unemployment continues to decline and the economy grows at an above-average pace ... I think they (the Fed) will be a little more concerned about bottlenecks.
Gary Thayer
#Economy

We've been seeing improvement in the non-manufacturing side since late last year. We're seeing more activity in the travel sector and others that were hit really hard last year after the terror attacks.
Gary Thayer
#Improvement

It shows that consumers are feeling poorly about the economy, similar to what we've see in other recessions. Confidence is not as low as it was in the recessions of the early 1990s and early 1980s, but it is dropping in response to the worsening employment situation and the concern about the terrorism threat.
Gary Thayer
#Confidence

It speeds up the time that the Fed will probably think about raising rates and that's negative for fixed-income.
Gary Thayer
#Income

It is encouraging that consumers are taking the negative things that are happening recently. Possibly the employment situation is outweighing other concerns.
Gary Thayer
#Consumers

It suggests the drag on the economy from the trade deficit in the third quarter will not be as great and could help revise up third-quarter GDP a bit,
Gary Thayer
#Economy

It's not really troubling. It's the first decline since September. Probably more important is the trend that's in place, which is upward. You would probably need to see three or more declines in the leading index to signal a problem.
Gary Thayer
#Decline

The Fed may be looking at oil prices as a reason for the economy to falter and not a reason for it to overheat, so they won't want to raise rates yet.
Gary Thayer
#Economy

Inflation is creeping up, but it's not out of hand. I think that's pretty important, ... The bond market may have discounted a worst-case scenario over the last couple of months on inflation, and now maybe traders won't have to worry about the Fed moving too fast.
Gary Thayer
#Inflation

Inflation is creeping up, but it's not out of hand. I think that's pretty important. The bond market may have discounted a worst-case scenario over the last couple of months on inflation, and now maybe traders won't have to worry about the Fed moving too fast.
Gary Thayer
#Inflation

[And make no mistake: Energy prices are everything these days. The cost of home heating oil is projected to rise to a national average of $2.47 a gallon this winter, a 28.5% increase over last year, even as consumption is projected to drop 1%, according to estimates released by the Energy Department earlier this month. Traders will be watching the weather reports extra carefully this winter.] The demand for energy has been tempered by high prices, ... but demand could surge again if winter weather turns unusually cold.
Gary Thayer
#Energy

I think it's good news for the economy. When you take away the GM strike and average last month's figures with this month's, you see employment growth at moderate levels, which is good for sustainable growth.
Gary Thayer
#Economy

But it looks like Mr. Greenspan is saying the slowdown in the economy will be short-lived and that suggests that the Fed will probably continue to raise rates.
Gary Thayer
#Economy

Confidence is up again -- to the highest level in over two years. Consumers are feeling better not only about current conditions, but also about prospects for the future.
Gary Thayer
#Confidence

It looks like the economy is still quite healthy and the Fed is probably following the appropriate course. The economy doesn't need low interest rates.
Gary Thayer
#Economy

Overall, confidence is still at a healthy level, up from where it was a year ago, but we did pull back a bit from the three-year high that we saw in June.
Gary Thayer
#Confidence

Companies may be paying more for raw materials and energy, but that is at least partially being offset by lower unit labor costs. That, I think, is likely to keep inflation contained.
Gary Thayer
#Energy

Policy-makers have been worried that rising energy costs could lead to higher prices for other things including higher wages and compensation, but it looks like companies are keeping their employment costs in check.
Gary Thayer
#Energy

So core inflation is still rising slightly but doesn't appear to be a problem, and I think this is good news for the Federal Reserve . With energy prices declining it reduces the risk that fuel costs will be passed on to consumers.
Gary Thayer
#Inflation

We did see a big recovery in (producer) prices, but that was primarily in energy. Core prices increased only modestly and that's good news for the Fed.
Gary Thayer
#Energy

We were anticipating that we could see a little bit of an improvement in October because the rebuilding after the hurricanes appears to have started and energy prices have stabilized, but it appears that it will take a little longer for consumers to feel better about things.
Gary Thayer
#Improvement