Importantly,
labor market conditions continued to improve with nonfarm payroll job growth increasing nearly 250,000 across many industries, including construction.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to
continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic
conditions on the business aircraft
market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic
conditions in the industries and
markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from
labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to
continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Citing persistent weak
labor -
market conditions and
continued global financial turmoil, the Fed says its monetary easing «should put downward pressure on longer - term interest rates, support mortgage
markets and help to make broader financial
conditions more accommodative.»
There are objective reasons to be optimistic, including ongoing
labor market improvements — underscored by falling unemployment and underemployment rates, as well as solid job growth — combined with the Federal Reserve's expectations that
conditions will permit further interest rate hikes this year as it
continues to move toward policy «normalization.»
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its
market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political
conditions in the United States and in various other nations in which we operate; the volatility of capital
markets; increased pension,
labor and people - related expenses; volatility in the
market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public
markets; the Company's ability to
continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.
The key takeaway from the report is that it
continues to underscore a
condition of tightening supply in the
labor market.
«The supply of U.S. - born / residents, particularly men, to science and engineering appears to be more responsive to
labor market conditions than the supply of the foreign born,» Freeman
continues.
In judging when to moderate the pace of asset purchases, the Committee will, at its coming meetings, assess whether incoming information
continues to support the Committee's expectation of ongoing improvement in
labor market conditions and inflation moving back toward its longer - run objective.
The Fed's characterization of certain recent economic
conditions didn't change from March's review, and the central bank again noted that «the
labor market has
continued to strengthen and that economic activity has been rising at a moderate rate».
Since the Committee's last meeting,
labor market The Committee
continues to anticipate that economic
conditions have deteriorated, and the available data indicate that consumer spending, business investment, and industrial production have declined.
Taking into account the extent of federal fiscal retrenchment since the inception of its current asset purchase program, the Committee
continues to see the improvement in economic activity and
labor market conditions over that period as consistent with growing underlying strength in the broader economy.
Recent indicators point to
continuing weakness in overall
labor market conditions, and the unemployment rate remains elevated.
The Committee
continues to expect that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace, and
labor market conditions will strengthen somewhat further.
The Committee expects that, with appropriate policy accommodation, economic activity will expand at a moderate pace and
labor market conditions will
continue to improve gradually, moving toward those the Committee judges consistent with its dual mandate.
Consequently, the Committee
continues to expect that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace, and
labor market conditions will strengthen somewhat further.
Cushman & Wakefield sees a largely positive
labor market that will
continue to drive strong absorption in industrial, although less than record levels in 2014 and 2015 leading to a 5.9 % overall vacancy rate, some of the best
conditions ever seen in the sector.
However,
conditions remain uneven, with strengthening
labor markets supporting solid price gains in some member countries, notably Ireland, Spain and Germany, while other
markets, including France and Italy,
continue to languish alongside a weaker economic recovery.
«The Committee
continues to expect that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and
labor market conditions will remain strong,» the statement said.