Mark Vitner Likely Quotations

Overall supply and demand are moving into much better balance. With that, we're likely to see far less price appreciation than we saw in 2005.

While core finished goods are still relatively tame, there are signs that price increases are accelerating further back in the production pipeline, ... Typically the Fed continues tightening until this series tops out. But with prices up only modestly, they will likely continue to make only modest adjustments.

We're likely to see large upward revision to earlier data, so it'll be harder for January to show a big gain.

Flood damage does not tend to be as insured. The lack of insurance is likely to cause the recovery to be delayed,

The state is expected to gain 150,000 new residents this year, with two-thirds of the adults likely coming from other states for job opportunities.

The more important figure (than confidence) for the economy is what consumers actually do. Consumers are not sitting on their wallets just yet. But that is about the only bright spot in this morning's report. With consumers concerned about both their stock portfolios and employment prospects, spending will likely rise a little less rapidly this fall.

As long as energy prices remain high, they're likely to move in baby steps. I just don't think it's a slam dunk that they raise rates in December.

The labor market seems to be improving. It bolsters the case we've been making that the economic slowdown story is a little oversold. Clearly growth is moderating, but we're still likely to see some decent growth the second half of the year.

The labor market seems to be improving, ... It bolsters the case we've been making that the economic slowdown story is a little oversold. Clearly growth is moderating, but we're still likely to see some decent growth the second half of the year.

I don't know if the gas prices and interest rates will knock consumer confidence down in coming months, ... I think they're more likely to hold it where it is now, which is good, but not great.

The unemployment rate is likely to hang around 4.5 percent and finish the year somewhere near 4 percent. That would mean that North Carolina would be back in the familiar position of having an unemployment rate below that of the nation.