16 Quotes by David Greenlaw

Even though the pace of starts may continue to edge lower on an underlying basis, we look for about a 6% gain in January.

The resilience of the consumer really shines through in this data.

This is great news on the inflation front. It will be very difficult for the economy to generate any sustained rise in core inflation with unit labor costs showing such a high degree of restraint.

There is obviously a lot of concern about the state of the housing market right now. One thing that caught a lot of people's attention was this nine-year high in unsold homes.

The negative impact associated with the energy shock will be more evident in the fourth quarter even though it hit in September.

I don't think the market is pricing in a big risk of a surprise.

The economy has shown tremendous resilience in the face of energy prices so far. But this latest spike will have a noticeable effect in the next couple of months.