Quotations
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Mark Zandi Quotes
«The work force is growing not because employers are hiring a lot of new workers to staff expanding operations. The economy, in other words, is not being driven by businesses out there scouring for opportunity and revenue growth and pushing up wages as they compete to hire more workers.»
Author: Mark Zandi
«I don't really put too much weight on the big ups and downs in the energy prices. And food prices also fell. That probably is related to the warm winter weather, and we can't count on that continuing for very long, either.»
Author: Mark Zandi
«Gasoline, home heating prices, they are very volatile. Some months they're up, some months they're down. They depend on the vagaries of the weather ? It's warm, it's cold. The big decline I think will result in a big increase next month.»
Author: Mark Zandi
«I think the Fed will get rid of the reference about what to do in the future. I think they will make the statement as plain vanilla as possible, and they won't try to send a strong signal one way or the other.»
Author: Mark Zandi
«It's similar to asking a big part of the labor force to leave. In today's economy where the job market is at capacity, asking people to leave means the economy will not grow as fast. In fact, there could be a very difficult adjustment over the first three to four years when this process is in full swing.»
Author: Mark Zandi
«If there's any disruption anywhere, actual or perceived, prices go higher -- which reflects the very thin excess capacity in the global oil market. Clearly, the record-high levels for energy prices meant a windfall for related industries.»
Author: Mark Zandi
«It would take time for that to occur and during this period of adjustment -- some things might not get done -- maybe some crops won't be picked or some hotel rooms won't get cleaned.»
Author: Mark Zandi
«The economy so far has gracefully digested the higher energy prices _ amazingly so.»
Author: Mark Zandi
«Profits as a share of output are close to 10 percent. That's as high as they've ever been.»
Author: Mark Zandi
«There's just a lot more boomer kids out there, and that's cutting up the pie into very small pieces.»
Author: Mark Zandi