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 Quotes
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
 Growth

More - Mark Vitner Quotes

Markets are rational and forward-looking. However, they can also be wrong. - Mark Vitner Quotes

Markets are rational and forward-looking. However, they can also be wrong.

Mark Vitner

 
I really can't recall a time in history when the Florida economy was as strong as it is today. - Mark Vitner Quotes

I really can't recall a time in history when the Florida economy was as strong as it is today.

Mark Vitner

 Economy
Retailers are concerned, but they're not panicky, - Mark Vitner Quotes

Retailers are concerned, but they're not panicky,

Mark Vitner

 
It (consumer sentiment) was a little higher than expected, but the stock market has come back, gasoline prices have come down, and the weather has been beautiful and that has to affect consumers somewhat. - Mark Vitner Quotes

It (consumer sentiment) was a little higher than expected, but the stock market has come back, gasoline prices have come down, and the weather has been beautiful and that has to affect consumers somewhat.

Mark Vitner

 
That caused some orders to be pulled forward into December that might have normally occurred in January or February, - Mark Vitner Quotes

That caused some orders to be pulled forward into December that might have normally occurred in January or February,

Mark Vitner

 
What happened in March, if you were thinking about buying a home this spring and you thought rates were going to rise, you may well have rushed into the market. The weather cooperated as well, making it easy for folks to get out and shop, particularly in the South. - Mark Vitner Quotes

What happened in March, if you were thinking about buying a home this spring and you thought rates were going to rise, you may well have rushed into the market. The weather cooperated as well, making it easy for folks to get out and shop, particularly in the South.

Mark Vitner

 Home
Flood damage does not tend to be as insured. The lack of insurance is likely to cause the recovery to be delayed, - Mark Vitner Quotes

Flood damage does not tend to be as insured. The lack of insurance is likely to cause the recovery to be delayed,

Mark Vitner

 
It will take longer for Louisiana and Mississippi to recover from the storm than Florida last year, ... Resource- and agriculture-reliant areas just don't do as well. - Mark Vitner Quotes

It will take longer for Louisiana and Mississippi to recover from the storm than Florida last year, ... Resource- and agriculture-reliant areas just don't do as well.

Mark Vitner

 
I think spending will be pretty solid the rest of the year. The August numbers will be important due to back-to-school sales. - Mark Vitner Quotes

I think spending will be pretty solid the rest of the year. The August numbers will be important due to back-to-school sales.

Mark Vitner

 
Coming on the heels of the recent spate of weaker economic reports, the better than expected inflation news will probably cause the Fed to leave interest rates unchanged at their June FOMC meeting. It is still way too soon, however, to conclude that the Fed is done. - Mark Vitner Quotes

Coming on the heels of the recent spate of weaker economic reports, the better than expected inflation news will probably cause the Fed to leave interest rates unchanged at their June FOMC meeting. It is still way too soon, however, to conclude that the Fed is done.

Mark Vitner

 Inflation
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