The weight of evidence is showing housing is starting to cool. Prices have continued to rise faster than income. For a while that pattern has been offset by declining mortgage rates, but that's stopped. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
- Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
In our forecast, we see consumer spending slowing a little bit in the fourth quarter to 3.1 percent from 3.8 percent for the same period last year, ... The rationale is that as the housing market slows , there'll be a cooling effect in the home wealth effect and the fluctuating energy prices will also have some drag on spending in the months ahead. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
It shows that underlying inflation is still tame and only slowly edging up. That means the Fed can take its time hiking rates. The only question is whether it keeps moving at every meeting or takes a break now and then. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
Inflation is obviously a little bit higher than expected. Food and apparel were up. This is not going to stand in the way of further Fed easing. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
It's a reflection of strong U.S. demand. Growth in Europe and Japan is certainly going to help, but until domestic demand slows, we're not going to see a big turnaround in the trade deficit. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
I don't think the holiday season will be as good as last year. Right now people are facing higher gasoline prices. As winter arrives, the higher cost of natural gas will push up utility bills. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
Some of the pickup reflects mix shifts, with payroll growth in above-average-wage sectors accelerating relative to growth in below-average-wage sectors. That said, some legitimate pickup in wage gains is probably credible given the low unemployment rate and the energy-led rise in inflation expectations recently. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
Strictly speaking it's not that the stock market views good news as bad, directly. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
The clear message seems to be that while oil is a drag, it's not a downward driver of consumer spending, ... The labor market is generating good income in general and the housing market continues to deliver a positive wealth effect. These factors are helping to offset the impact of higher oil prices. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
Almost every category of employment has improved in the last couple of years, ... But compared to what we were seeing during much of those two years ago, it's now effectively a balanced recovery. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
It's old news and pretty inconsequential changes. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
This is consistent with the continued downtrend in housing demand. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
Historically this number tracks the economy, in general, pretty well. And of all the numbers, this report really has almost the least amount of noise. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
It was weaker than expected, but it wasn't a dramatic surprise. It was already pretty clear that sentiment came off in January. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
It underscores how much profits have been squeezed and helps explain why business investment is weakening as much as it is in the second quarter. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
In the whole post-war rebound story, the first part has come through -- we've clearly seen a bounce in consumer confidence. The next key step is business activity measures improving, including employment indicators. Hopefully we will see weekly jobless claims coming down soon -- in the next three-to-four weeks. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
Consumer spending growth has generally been trending at about 2.5-to-3 percent at an annual rate -- not booming, but not terrible, ... The fact that the job market is still weak is restraining optimism a bit hopefully, as the recovery gathers pace, we will start to see more job growth. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
If there is an inflation threat building, and the Fed doesn't act and inflation starts picking up, instead of (a) 50 basis points increase it's 250 basis points. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
The CX-7 wasn't even a sketch on a cocktail napkin a little over two years ago. The fact that I'm standing here today watching the first CX-7 roll off the line marks a milestone in Mazda's ability to design and engineer vehicles for specific markets such as North America. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
The Fed won't admit to reacting to one number. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
Certainly, the degree of strength through August is not sustainable we'll get a much weaker number in September. But the third quarter as a whole will still show 5 to 6 percent consumer spending growth, even if we get a negative number in September. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
The addition of the CX-7 to the Mazda lineup is a critical step forward for us in terms of our ability to grow Mazda's business in North America. - Jim O'Sullivan Visit FamousQuotes.com for more inspirational quotes
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