Business Services Industry
The Dallas Morning News Angela Shah Column.
Knight Ridder/Tribune Business News, August, 2003
By Angela Shah, The Dallas Morning News Knight Ridder/Tribune Business News
Aug. 11--Writing about economics in a jobless recovery is never dull.
Last week, a group of reporters and editors at The Dallas Morning News sat down with Dallas Federal Reserve chief Robert McTeer. We ...uizzed him on a variety of topics--inflation vs. deflation, the housing market, business spending, bond rates.
We also talked about the job market, a topic of much interest in a region that's still seeing companies cut payrolls.
Dr. McTeer mentioned that many businesses, burned by the excesses of the New Economy, were using productivity gains to put off making new hires. This typically happens in a jobless recovery, he said, but u when weighing all...
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