Famous Quotes from ...

Joel Naroff



    The consumer is spending money, but not at any great pace. We still are looking at a sluggish fourth quarter for consumption.

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    It appears as if consumers have the money to continue spending at a very solid pace going forward,

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    Cold weather and a rebound in oil production helped power a strong gain in output.

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    This level of growth should lead to a further tightening of the labor market and that could power faster wage gains.

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    The sharp rise in input costs can only further pressure earnings in those sectors where there is limited pricing power, which is still most of the economy.

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