FastSaying

The housing starts figure coming in down 5.6 percent was weaker than expected and seems consistent with our thesis that the housing sector is moderating. The big decline in housing permits reinforces that idea.

Patrick Fearon

ComingConsistentExpectedFigureHousingPercentSeemsStartsThesisWeaker

Related Quotes

Spending was up, a little weaker than expected... Nevertheless, the trend has been upward and it looks like the consumer is still in the ballgame in terms of supporting economic growth.
— Patrick Fearon
ConsumerExpectedLooks
Initial claims were significantly better than the expected 300,000, and they were well within the range we would expect in a solid job market.
— Patrick Fearon
ClaimsExpectExpected
The 1.9 percent December year-over-year rise in the core personal consumption expenditure index reflects a stable and modest inflation rate. That would support the idea that the Fed can stop raising rates soon.
— Patrick Fearon
ConsumptionCoreDecember
When I'm writing, I'm just in it and trying to figure out what seems best.
— Patrick Ness
BestFigureJust
The fact that the final number is higher than the preliminary number shows that the American consumer is not going to be easily intimidated.
— Patrick Fearon
AmericanConsumerFact