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Lynn Reaser Quotes
«Oil prices are still very high, but much more moderate than the worst fears of last week.»
«This is likely to become a much bigger issue as we near the end of the year.»
«Earlier in the summer, the big concern was accounting, but the issue now is whether the economy is going to hold up,»
«We don't think we are going to have another recession ... We think there is enough stimulus in the pipeline, enough positive news in there to allow the economy to keep on a growth track for the next year.»
«The higher level of energy prices is certainly affecting the psychology of consumers. But the underlying strength of the economy, and the continued increase in the relative strength of the underlying job market should prevent consumer spending from collapsing.»
«Retailers are biting their nails because of the large decline in consumer confidence. But it remains to be seen whether consumers will vote with their feet.»
«It will be ugly. In any case it's only one month's number, but it could either alleviate or exacerbate inflation concerns which have recently accelerated.»
«[However, economists hope this is only a one-month spike.] Productivity gains are still good and workers are not receiving large pay increases, ... Labor costs are still contained.»
«Americans are saving very little out of their current income. The primary vehicle that's doing the savings for households is their home.»
«These numbers really indicate some pockets of weakness. It suggests manufacturers are having a difficult time in some sectors and it does suggest some areas of slowing within the economy.»