Quotations

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Richard DeKaser Quotes

«The apparent influence of White House economists has been quite small throughout the Bush administration, which hasn't changed much of late.»
«We have seen and I expect will continue to see a softening of demand for single-family housing that has been unmatched by a decline in construction. Eventually builders get with the program.»
«The economy is rapidly getting back on course. The Fed is going to be concerned with inflation risks, and will lean toward raising rates further.»
«When demand shifts, it often takes time for supply side to get in sync ... I would still expect some softening is likely in the cards in the Dayton area as we go through this year.»
«Although there was a slight correction in the outlook index, the results still indicate an optimistic stance on the economic condition for small businesses in the Midwest.»
«I think it's indisputable that demand in the housing market has declined in the past few months. It's very clear that rising interest rates figure very large in that decline.»
«Look at the two months together, average them out, what we still get is a fairly healthy picture of the consumer coming out of the fourth-quarter doldrums.»
«If you go outside of autos, manufacturing still looks quite healthy. There is a need for inventory rebuilding in addition to the strength in final demand.»
«There are not a lot of surprises here. We knew February will be a down month in spending after a torrid January due to mild weather. This is exactly what we got.»
«We have consumers spending in a healthy but not excess pace. They are an important prop to the economy but not a major driver.»

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