Nigel Gault Economy And Economics Quotations

The bottom line is that the job market carried good momentum and the economy can weather the temporary hit from the hurricanes.

This latest report is unmistakable evidence of an improving economy. What you have to look for is evidence that the fourth-quarter slowdown in economic growth will continue. And this jobs report is evidence that just the opposite is happening.

It's interesting because the economy is growing in real terms, so you would expect to see the markets frequently posting all-time highs, because the trend is (naturally) up.

Clearly the slowdown in housing will mean slower growth in the overall economy. The big question mark is how much damage there will be.

The economy has begun 2006 with plenty of momentum.