60 Quotes by Dana Johnson

I was really encouraged to see the rebound in activity in June and July. The local economy looks much healthier this summer than it did this past spring. However, a clear up-trend is not yet in place and probably will be slow to develop given the punishing level of energy prices and the prospect of more consolidation in the auto industry.

What we're spending our time debating is whether the Fed goes a quarter point or a half point.

This report does not add to the case that there's a visible slowing in the economy. It keeps (the Fed) directly on path to tighten in May and leaves the debate on whether they will tighten in June certain to be a very lively one.

This reminds me of the famous Sherlock Holmes mystery, where the dog that didn't bark was the key. It was what Greenspan didn't say more than what he did say that got the market excited. People were ready to hear a more upbeat reading on the economy than he gave.

To me, the one-two punch of the breakthrough of health care issues (with GM and the UAW) and this makes me feel better about the economy overall,

To me, he was waiting for permission, ... It was okay. To see him not with the tubes and wires all over him. Just to know he's not suffering.

There's no question the Michigan economy and Detroit metro economy have been lagging because of continued exposure to the auto sector.

Affordability has deteriorated over the past year because consumers are buying more expensive cars, financing a larger portion of those purchases and paying higher interest rates on car loans.

Deflation is not a risk the Fed should take, ... If you ask me, should they ease, yes they should.