We've heard some disappointing reports about the final couple of weeks before the holidays, so we won't see as big of an increase in December, ... but when you combine November and December, this is about the best holiday season we've seen since 1999. - Stuart Hoffman Quotes
We've heard some disappointing reports about the final couple of weeks before the holidays, so we won't see as big of an increase in December, ... but when you combine November and December, this is about the best holiday season we've seen since 1999. Stuart Hoffman
 Holidays

More - Stuart Hoffman Quotes

This is a very weak number and well below what everyone expected. It's not the kind of report the Fed likes to see, but I think they'll recognize that the economy is already rebounding and raise the federal funds target rate to 4.5 percent. - Stuart Hoffman Quotes

This is a very weak number and well below what everyone expected. It's not the kind of report the Fed likes to see, but I think they'll recognize that the economy is already rebounding and raise the federal funds target rate to 4.5 percent.

Stuart Hoffman

 
We're still in the first or second innings of the ballgame of replacing Greenspan, ... But it's not like the game hasn't begun. - Stuart Hoffman Quotes

We're still in the first or second innings of the ballgame of replacing Greenspan, ... But it's not like the game hasn't begun.

Stuart Hoffman

 Ball Game
We're still in the first or second innings of the ballgame of replacing Greenspan. But it's not like the game hasn't begun. - Stuart Hoffman Quotes

We're still in the first or second innings of the ballgame of replacing Greenspan. But it's not like the game hasn't begun.

Stuart Hoffman

 Ball Game
Overall, this was kind of a vanilla report. These are solid numbers, but the market had already absorbed the fact May was a good month. - Stuart Hoffman Quotes

Overall, this was kind of a vanilla report. These are solid numbers, but the market had already absorbed the fact May was a good month.

Stuart Hoffman

 
The first half of the decade has not been good for Pittsburgh and Southwestern Pennsylvania in the sense of economic growth. But for this year, I believe we have turned the corner. - Stuart Hoffman Quotes

The first half of the decade has not been good for Pittsburgh and Southwestern Pennsylvania in the sense of economic growth. But for this year, I believe we have turned the corner.

Stuart Hoffman

 Decade
I think he was signaling to the market that yes, there is another (quarter-point) rate hike coming in March and possibly in May, but that will be data dependent. He essentially confirmed what the market has already been pricing in, in terms of rate hikes. - Stuart Hoffman Quotes

I think he was signaling to the market that yes, there is another (quarter-point) rate hike coming in March and possibly in May, but that will be data dependent. He essentially confirmed what the market has already been pricing in, in terms of rate hikes.

Stuart Hoffman

 
He's saying the economy is healthy. Inflation is OK for now, but it could become a problem, so we're not done raising rates yet. - Stuart Hoffman Quotes

He's saying the economy is healthy. Inflation is OK for now, but it could become a problem, so we're not done raising rates yet.

Stuart Hoffman

 Economy
His statements have set up a pause at the June meeting after they move in May. That doesn't mean we are done. He's leaving the door open to resume hikes at subsequent meetings. - Stuart Hoffman Quotes

His statements have set up a pause at the June meeting after they move in May. That doesn't mean we are done. He's leaving the door open to resume hikes at subsequent meetings.

Stuart Hoffman

 
These are exactly the kinds of things the Fed likes too see. Signs of a slowing in housing and still-contained inflation are the kinds of numbers that speak to the Fed stopping in May, making that their last rate hike. - Stuart Hoffman Quotes

These are exactly the kinds of things the Fed likes too see. Signs of a slowing in housing and still-contained inflation are the kinds of numbers that speak to the Fed stopping in May, making that their last rate hike.

Stuart Hoffman

 
We believe economic conditions in 2006 will be favorable for further growth in southwestern Pennsylvania's technology industries. Rising business confidence, healthy growth in business investment spending, and increasingly available venture capital will leave our region's technology industries on firmer footing in 2006. A highly diverse technology base and the presence of world-class research institutions mean that, over the longer-term, technology will continue to play an increasingly significant role in the economy of southwest Pennsylvania. - Stuart Hoffman Quotes

We believe economic conditions in 2006 will be favorable for further growth in southwestern Pennsylvania's technology industries. Rising business confidence, healthy growth in business investment spending, and increasingly available venture capital will leave our region's technology industries on firmer footing in 2006. A highly diverse technology base and the presence of world-class research institutions mean that, over the longer-term, technology will continue to play an increasingly significant role in the economy of southwest Pennsylvania.

Stuart Hoffman

 Business
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