Gary Thayer Component Quotations

The decline in the prices paid component is good news. It looks as if we're seeing some moderation in pricing pressures, but not a significant drop.

The employment component was just a tad lower than what we saw in November so it's still a healthy number.

It's still a good reading overall, but not quite as robust as we've seen in the last several months. The encouraging thing is that the employment component increased again. We are beginning to see businesses becoming a little more willing to hire.