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Letter "J" » Joel Naroff Quotes
«The glory days of surging productivity that kept labor costs down look to be behind us. The expected slowdown in productivity has arrived and that is putting pressure on costs and the Fed.»
«Consumers continue to be battered by rising costs. It's tough out there for most households.»
«It's tough out there for most households.»
«My view is these guys are out there, they have got some good weather, they have seen some cancellations. They want to get these things in and closed, try to get them into the hands of people as soon as they possibly can.»
«What we are basically looking at is an economy that is not very different from the economy last year. Depending on your industry and depending on your business, if you liked last year, you will probably like this year.»
«They (consumers) are largely tapped out. When interest rates start to go up, the perception of the economy goes down for average consumers.»
«They (consumers) are largely tapped out.»
«You can't keep a good consumer down and the American household is one great customer.»
«The U.S. economy is bumping up against capacity constraints in many sectors, and businesses, particularly non-manufacturing businesses, are stepping up investment spending. Durable goods will continue to lead the manufacturing expansion in 2006.»
«Productivity will be stronger in the first quarter, but the trend is still toward moderating growth this year.»