“[The report suggests that the economy is] just kind of muddling along at a moderate pace and not dipping into recession, ... there is less of an impetus for the Fed to be aggressive in lowering interest rates.”
“These January numbers are strong. The fact that the number of unemployed persons is down to 7,400, on a seasonally adjusted basis, must be a new cyclical low. It?s pretty remarkable that so few people are unemployed in the county.”
“This is not a home run. But it's pretty steady growth over the last six or seven months. If nothing else, it's a stable rate of growth that San Jose hasn't seen this in a long time.”
“The factors that have been supporting growth around the country, they're just not present in the Midwest. The turnaround's just been more prevalent on the coasts.”
