Mark Zandi Growth Quotations

Part of the problem that all of tech is having with respect to jobs is they significantly over-hired during the boom times and to some degree the past few years has been payback for overaggressive hiring. But I think that process is largely over and we should see slightly better job growth in tech by this time next year.

I suspect this is a pause and we still see a resumption of top line growth and, ultimately, better hiring in tech.

It does indicate that the second quarter was a disappointing quarter, ... Growth slowed sharply. Consumers became more cautious and our trade deficit ballooned. The economy was weighed down by higher energy prices.

Most likely the higher prices will slow growth, ... But there is the growing threat that we get a combination of slower growth and higher inflation.

Ultimately, if you err on the side of being dovish it will only come with more pain from slower growth. The hit to growth would be more substantial from higher inflation than from interest rate hikes.

As the memory of the tech bust fades, we seem to be getting better and better job growth.

The work force is growing not because employers are hiring a lot of new workers to staff expanding operations. The economy, in other words, is not being driven by businesses out there scouring for opportunity and revenue growth and pushing up wages as they compete to hire more workers.

There won't be any change in the script the Fed has laid out, ... Export growth has weakened and there is a lid on wage growth. This data takes some pressure off of the more hawkish Fed members.

There won't be any change in the script the Fed has laid out. Export growth has weakened and there is a lid on wage growth. This data takes some pressure off of the more hawkish Fed members.

Productivity growth is slowing and it is not strong enough to forestall rising labor costs and broader inflation.

This should be a year where the tech market stabilizes but I don't see job growth until 2004.

If revenue growth does not start to pick up that would squeeze profit margins.

It undermines growth at the same time that it fans inflation.

Consumer spending growth will moderate, but it won't impede the current pace of economic expansion.

The largest source that drove the very strong growth over the last year was this powerful replacement cycle, which is fading, ... The need to replace inventory is over.

In the absence of a second layer of information, we all assume the job growth is from hiring. It is our default position.

Investors are anticipating measurably slower profits growth, ... As a result, they're valuing companies that can produce good, solid earnings in an environment where earnings are going to be harder to come by.

Investors are anticipating measurably slower profits growth. As a result, they're valuing companies that can produce good, solid earnings in an environment where earnings are going to be harder to come by.

Housing, the strongest part of the economy, is still booming, and manufacturing, the weakest part, should gain strength in coming months. Put it all together and it paints a pretty economic picture of solid growth and low inflation.

The impact is going to be very significant -- it may shave as much as a half-percentage point from economic growth this year.

That's right where the Fed would like to see it, ... It would take a good year of that level of monthly growth before the job market tightens to the degree where inflation concerns would become more paramount.

The job market is as good as it's been since 2000. Unemployment is 4.7 percent, and it is falling. Job growth is sturdy, and it is increasingly broad-based and across regions and occupations. In fact, this will be the first year that wage growth will begin to accelerate. It should be a good year for American students.

The job market is getting tight enough that employees will regain some negotiating power and some modest improvement in wage growth next year.