Some of the decline was due to reductions in inventory, and rising orders for industrial equipment and other big ticket items should boost output in coming months, said Pierre Ellis, senior economist at Decision Economics in New York.
Date: Nov 26, 2014
Category: Business
Source: Google
Japan slides into recession as tax hike takes toll
Mondays data is preliminary, with a revision due Dec. 8. Some of the decline was due to reductions in inventory, and rising orders for industrial equipment and other big ticket items should boost output in coming months, said Pierre Ellis, senior economist at Decision Economics in New York.
"Evidently, builders in the field are genuinely confident about the outlook for sales of new single-family houses, despite the rise in mortgage rates," said Pierre Ellis, an economist at Decision Economics.
Date: Dec 18, 2013
Source: Google
Six month high: New claims for unemployment aid reach 484000
The jobless claims report "represents a very adverse turn in the labor market, threatening income growth and consumer spending," Pierre Ellis, an economist at Decision Economics, wrote in a note to clients.
QUICK RECOVERY: Some analysts were encouraged by the quick drop. Pierre Ellis, an economist at Decision Economics, said the decline suggests companies are quickly re-hiring workers displaced by the storm. Rebuilding and repair efforts could also be creating jobs, he said.
Some analysts were encouraged by how quickly applications have returned to pre-storm levels. Pierre Ellis, an economist at Decision Economics, said the rapid drop suggests companies are quickly re-hiring workers displaced by the storm. Rebuilding and repair efforts could also be creating jobs, he sa
"We could reasonably assume there is no underlying deterioration or acceleration in the labor market before the storm," said Pierre Ellis, senior global economist at Decision Economics Inc. in New York.
Date: Dec 06, 2012
Category: Business
Source: Google
Surprising Sears, Netflix Lead Best S&P 500 Start Since 1998
Were seeing a more normal economy than we had a year ago, where we had a recovery, and it evaporated, says Pierre Ellis, Decision Economics chief economist. Consumers have done work on their balance sheets, so that the pick up in the economy has a stronger basis going forward.