In light of the cumulative progress toward maximum employment and the improvement in the outlook
for labor market conditions, the Committee decided to make a further measured reduction in the pace of its asset purchases.
In light of the cumulative progress toward maximum employment and the improvement in the outlook
for labor market conditions, the Committee decided to modestly reduce the pace of its asset purchases.
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.
Actual operational and financial results of SkyWest, SkyWest Airlines and ExpressJet will likely also vary, and may vary materially, from those anticipated, estimated, projected or expected
for a number of other reasons, including, in addition to those identified above: the challenges and costs of integrating operations and realizing anticipated synergies and other benefits from the acquisition of ExpressJet; the challenges of competing successfully in a highly competitive and rapidly changing industry; developments associated with fluctuations in the economy and the demand
for air travel; the financial stability of SkyWest's major partners and any potential impact of their financial
condition on the operations of SkyWest, SkyWest Airlines, or ExpressJet; fluctuations in flight schedules, which are determined by the major partners
for whom SkyWest's operating airlines conduct flight operations; variations in
market and economic
conditions; significant aircraft lease and debt commitments; residual aircraft values and related impairment charges;
labor relations and costs; the impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated factors.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic
conditions in the industries and
markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial
market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end
market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial
condition of commercial airlines, the impact of weather
conditions and natural disasters and the financial
condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities
for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit
market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including
market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and
labor disputes; (15) the effect of changes in political
conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general
market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of
conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other
conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the
market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
These risks and uncertainties include competition and other economic
conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and
conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors
for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of
labor strikes, lockouts and
labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital
markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
Perceptions of
labor market conditions, including the outlook
for earnings growth and employment
While other data on Thursday showed a modest increase in new applications
for jobless benefits last week, the number of Americans receiving unemployment aid fell to its lowest level since 1973, pointing to tightening
labor market conditions.
In addition, they note that overall
labor market conditions are important, particularly
for children from less advantaged family backgrounds.
Consequently, even «best practices» that fully enforce Title VII «are insufficient to realize a
labor market responsive to the needs of low - income workers
for adequate wages, safe work
conditions, and work hours and schedules that allow
for fulfilling family and civic lives.»
As
for what this means
for the timing of a Federal Reserve (Fed) rate hike, data about the U.S. economy on balance exceed the reasonable measures a «data dependent» Fed might require to move off of «emergency interest rate» levels, as BlackRock's proprietary «Yellen Index» of
labor market / economic
conditions shows in the chart below.
The Rand report concludes that, although adequate data and accurate assessments of
labor market conditions are important
for many different parties, early career and prospective scientists are especially vulnerable.
These results remain essentially unchanged when estimated using to a series of alternative approaches, including adding controls
for state demographic and
labor market conditions.
But she reserves her greatest scorn
for the
labor -
market conditions that have fueled them and
for the absence of a government jobs policy.
4) Provide targeted funding
for research on leader preparation, leader
labor markets, principal working
conditions, and leader data systems.
«The Committee expects that... economic activity will expand at a moderate pace,
labor market conditions will strengthen somewhat further, and inflation will stabilize around 2 percent over the medium term... In view of realized and expected
labor market conditions and inflation, the Committee decided to raise the target range
for the federal funds rate to 3/4 to 1 percent.»
In view of realized and expected
labor market conditions and inflation, the Committee decided to maintain the target range
for the federal funds rate at 1/2 to 3/4 percent.
In view of realized and expected
labor market conditions and inflation, the Committee decided to raise the target range
for the federal funds rate to 1 to 1-1/4 percent.
In view of realized and expected
labor market conditions and inflation, the Committee decided to maintain the target range
for the federal funds rate at 1 to 1-1/4 percent.
I don't blame the Fed
for the poor
labor market conditions; it's not in their power.
«Even though August's numbers were softer than those of recent months,
labor market conditions remain strong overall,» says Brian Schaitkin, senior economist
for The Conference Board.
«In view of realized and expected
labor market conditions and inflation, the Committee decided to raise the target range
for the federal funds rate to 1/2 to 3/4 percent,» according to a statement by the Fed.
«In view of realized and expected
labor market conditions and inflation, the [Federal Open Market] Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent,» according to a statement by th
market conditions and inflation, the [Federal Open
Market] Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent,» according to a statement by th
Market] Committee decided to raise the target range
for the federal funds rate to 3/4 to 1 percent,» according to a statement by the Fed.
«In view of realized and expected
labor market conditions and inflation, the [Federal Open Market] Committee decided to raise the target range for the federal funds rate to 1 to 1-1/4 percent,» according to a statement by th
market conditions and inflation, the [Federal Open
Market] Committee decided to raise the target range for the federal funds rate to 1 to 1-1/4 percent,» according to a statement by th
Market] Committee decided to raise the target range
for the federal funds rate to 1 to 1-1/4 percent,» according to a statement by the Fed.
«In view of realized and expected
labor market conditions and inflation, the [Federal Open Market] Committee decided to raise the target range for the federal funds rate to 1-1/2 to 1-3/4 percent,» according to a Fed stat
market conditions and inflation, the [Federal Open
Market] Committee decided to raise the target range for the federal funds rate to 1-1/2 to 1-3/4 percent,» according to a Fed stat
Market] Committee decided to raise the target range
for the federal funds rate to 1-1/2 to 1-3/4 percent,» according to a Fed statement.
However, the stage is set
for inflation to accelerate due to tightening
labor market conditions, higher oil and energy prices, and rising home prices and apartment rents.
«In view of realized and expected
labor market conditions and inflation, the [Federal Open Market] Committee decided to maintain the target range for the federal funds rate at 1/2 to 3/4 pe
market conditions and inflation, the [Federal Open
Market] Committee decided to maintain the target range for the federal funds rate at 1/2 to 3/4 pe
Market] Committee decided to maintain the target range
for the federal funds rate at 1/2 to 3/4 percent.
Unfortunately, the
labor market was in distress during this time and financing
conditions were seriously tight, so there wasn't much by way of burgeoning demand
for homes.