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Letter "B" » Bill Cheney Quotes
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«We're still several months away from job growth catching up with labor force growth and driving the unemployment rate back down, but that's really just a matter of time. Our economy is moving again, and once that happens it's actually quite hard to stop the forward momentum.»
Author: Bill Cheney
«Rising unemployment, ironically, contains good news. It signals people who had given up and dropped out of the work force are back looking for jobs. Clearly, they have hope there are jobs to be found.»
Author: Bill Cheney
«It's reassuring. It is true that the consumer is the only part of the economy that's keeping the expansion going right now.»
Author: Bill Cheney
«This is a series that bounces around from one month to the next. There's enormous potential for particular incidents -- the weather, the timing of Easter, the release of a new movie -- to push retail sales around from one month to the next.»
Author: Bill Cheney
«But you have to come back to the fact that another good month is another good month. And that is good news for the economic recovery.»
Author: Bill Cheney
«As long as unemployment is relatively high ... the Fed is under no pressure to start tightening. Right now, you have to think they've really won the war on inflation -- they're at least as worried about deflation as inflation at this point. They're not going to do anything that would jeopardize this recovery right now.»
Author: Bill Cheney
«We knew that it was a wet month and that rain tends to keep people away from shopping, so I thing a large part of this is actually a weather story.»
Author: Bill Cheney
«Now we're starting to see that wash out, and we're seeing that the labor market really has been gradually strengthening for most of the first half of this year. And this is fundamentally good news for consumers and for the health of the recovery going forward.»
Author: Bill Cheney
«Many businesses see statistics showing economic growth as a cruel joke. Competition is still brutal, wages are still rising, prices are still flat or falling, and profits are as hard to find as they were a year ago.»
Author: Bill Cheney
«If this represents the start of an extended [dollar] slide, it may erode the attractiveness of dollar investments to foreigners and remove an important component of the demand for U.S. financial assets.»
Author: Bill Cheney
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