...even slower growth in home sales and prices could have major repercussions. Asha Bangalore, an economist for The Northern Trust Co. in Chicago, estimates housing created 43 percent of all new jobs from late 2001 until mid-2005. That included...

...appropriateness of policy." McTeer opposed the Fed's two rate increases this year. Paul Kasriel, chief economist with The Northern Trust Co., and one of those on the side of a Nov. 16 rate increase, said he believed the dip in the unemployment rate...

...employment cost report and leaves the Fed ready to tighten on Nov. 16," said Paul Kasriel, chief economist for The Northern Trust Co. An inflation gauge tied to the GDP also showed modest price pressures, rising at an annual rate of 1.6 percent...

...the odds are heavily in favor of no tightening move by the Fed in October." Paul Kasriel, chief economist for Northern Trust Co., agreed: "This doesn't give the Fed any ammunition to raise rates at its Oct. 5 meeting." Still, economists...

...Lynch's chief economist Bruce Steinberg. "We concur with that outlook. But Paul Kasriel, chief economist with Northern Trust Co., was more guarded. "I don't think you can exactly rule out that they won't tighten on Oct 5. They don't...

...Lynch's chief economist Bruce Steinberg. "We concur with that outlook. But Paul Kasriel, chief economist with Northern Trust Co., was more guarded. "I don't think you can exactly rule out that they won't tighten on Oct 5. They don't...

...aberration what it means is we're getting what was hoped for," said Robert G. Dederick, economic consultant with Northern Trust Co. in Chicago. New restraint by consumers, whose purchases account for two-thirds of the nation's economic activity...

...probability before the report to 55 or 60 percent probability now," Orr added. And Paul Kasriel, an economist with Northern Trust Co., believes the Fed will raise rates by a quarter of a percentage point June 30. "What this CPI number calls into...

...manufacturing going to drag down the economy or is economy going to pull up manufacturing?'," said Robert Dederick of Northern Trust Co. in Chicago. "Well, it looks as if the economy is going to pull up manufacturing." In March, manufacturing...

...Other commodities -- from hogs to corn -- are falling, too, hurting farm states. "We continue to be an island of solid growth, but the sea around us is still threatening," said economist Robert Dederick of Northern Trust Co. in Chicago.