Quotations
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Nigel Gault Quotes
«Growth was very good in the third quarter. We really suspect that the last two reports greatly understated the underlying strength of the labor market.»
Author: Nigel Gault
«Excluding autos, spending growth looks healthy -- not a blockbuster holiday season, but far better than it appeared a couple of months ago when gasoline prices were over $3 per gallon.»
Author: Nigel Gault
«I don't think it's the case that we suddenly turn off the tap, and consumer spending stops dead in its tracks. It's more gradual.»
Author: Nigel Gault
«Activity levels remain solid, indicating continued high demand for services. The outlook for early 2006 looks positive.»
Author: Nigel Gault
«These figures suggest that growth is stable but not extremely strong. These figures should add to the conviction in financial markets that the Fed will soon be able to stop raising rates.»
Author: Nigel Gault
«For a long time we've been looking for consumer spending to slow down, ... It's a question whether this is a trigger for a broader slowdown in consumer spending and the housing market.»
Author: Nigel Gault
«With consumers likely to return to the malls from the auto showrooms, spending in other areas will pick up again, especially once cooler weather arrives to give a boost to fall clothing,»
Author: Nigel Gault
«We are now at the point where Hurricane Katrina's effects are adding to job creation rather than detracting from it.»
Author: Nigel Gault
«It seems that companies are continuing to find new ways to apply advanced technology to increase output per worker. It has been really incredible how much extra output companies have been able to pump out without dramatically increasing staffing.»
Author: Nigel Gault
«Clearly the slowdown in housing will mean slower growth in the overall economy. The big question mark is how much damage there will be.»
Author: Nigel Gault