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Michael Niemira Quotes
«There are loads of concerns out there, and as a result, the basic backdrop of this holiday season will be one that is much more uncertain.»
«Oil does factor in at some level.»
«We're not out of the woods on the gasoline front. And we are certainly not out of the woods on the broader energy front. We still have a second wave in the pipeline, which is home heating season expenses. And that comes about the time that the holiday season unfolds,»
«With the fall season's first snow storm in the Upper Plains and a major cold front sweeping across the United States, this should certainly get consumers thinking about fall and even winter apparel as the month unfolds.»
«It looks like an echo of the Katrina effect.»
«But the underlying economy is still growing. It has slowed. The question is whether we can get by this period of increased price pressure.»
«If Katrina was simply a devastation of the area, we could have weathered it, ... Because of these ripple effects, Katrina is having a nationwide impact.»
«Last week's sharp decline in consumer confidence, as measured by the ABC News/Washington Post Consumer Comfort Index, may have been a precursor of this week's spending drop.»
«Now there's a shock. It's not just a penny this week and two pennies higher the week before. And the shock comes on top of the cumulative effect of all those pennies over all those weeks.»
«The results for this past week reflect the fallout of Hurricane Katrina as national sales were held back by about one percentage point as stores were closed in the path of the hurricane.»