Joseph Abate

There has been some spotty signs of a cooling in the broader housing market.

There has been some spotty signs of a cooling in the broader housing market.

Manufacturing activity in the region appears to have cooled off. We suspect it will be another month or two before read more

Manufacturing activity in the region appears to have cooled off. We suspect it will be another month or two before auto manufacturers start ramping up production to replenish sales-depleted inventories.

Warm weather and a post-December rebound in new activity will likely boost construction payrolls. Retail employment should also enjoy a read more

Warm weather and a post-December rebound in new activity will likely boost construction payrolls. Retail employment should also enjoy a post-holiday boost.

The increase in gasoline prices and the prospect of a long, expensive winter is depressing sentiment.

The increase in gasoline prices and the prospect of a long, expensive winter is depressing sentiment.

With corporate balance sheets and cash flow strong, we look for investment spending to remain strong, pushing up growth in read more

With corporate balance sheets and cash flow strong, we look for investment spending to remain strong, pushing up growth in the capital stock and adding to labor productivity growth in 2006.