24 Quotes by David Kelly

What generally happens is, during the first year of economic expansion, we see more productivity growth than job growth, and that changes as you go into the second year. We may be on the cusp of that.

Even if consumers pull back a bit, just rebuilding those inventories will add a lot of growth. We will see a shift to business spending from consumer spending in the fourth quarter, and when that occurs, it will be quite healthy.

There's more and more pressure on campground owners to sell to developers. It's getting harder to find a campground close by. The closest campground to Tampa is about 10 miles outside of town.

Reading the minutes carefully, I don't think it really changes my view or the market's view of where the Fed was.

This elevated growth rate in the economy should prevent a replay of the jobless recovery. If we have two strong quarters of growth, then employment will start to show decent gains in the third quarter.

There's clearly a lack of interest in investing while the economy works through these Katrina issues, ... We need to get a clearer sense of when gasoline prices are going to come back to normal. When I talk to retail investors, a lot are frozen by the level of uncertainty those issues create.

For example, we have all of these wireless carriers with overlapping systems, and that's clearly inefficient, ... Our living standards go up when we eliminate such inefficiencies.

It's pretty tough if you run a retail business in Manhattan. I'm sure the guys on Fifth Ave will be feeling the pinch because of this to some extent.

No matter how much gas is or how the stock market is doing, we always seem to do fairly well because of that dream people have. It just seems that that one dream just can't be denied.