We notice it every day -- when we go to gasoline stations, we pay more, |
We're going to get an economic boost from not only production, but from inventory buildup during the current quarter, and probably for the balance of this year. |
We're looking for the wording of the Fed's statement to change in an encouraging direction. The economic numbers would argue for more optimism than caution at this point, ... My expectation is that this economy will be sizzling in the third quarter and hopefully in the fourth quarter, and that should lead to more jobs. |
We're still losing jobs, but the rate of loss is expected to slow, ... That, hopefully, will be viewed that the economy is starting to improve. |
We've been able to have our cake and eat it too -- satisfy our demand for goods and services and at lower prices, |
What's lacking is confidence, so businesses aren't spending the money they have, ... That's why I don't necessarily think it takes a huge fiscal stimulus package to get the economy moving. |
Without a doubt, there will be a contraction in the third quarter's GDP of approximately 0.9 percent, ... Given the slow start in October, the most likely scenario calls for a larger contraction in the 2.8-percent range in the fourth quarter. |
Without the terrorist attacks, we would be experiencing economic recovery in this quarter. |