41 Quotes by Delos Smith
- Author Delos Smith
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When you take a look at what's happened in the last month, you see the same kind of pace?right on down the line. It shows a nice, steady moderate pace, which is what you want.
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We're going to see people trimming their expenses here and there. They probably will not eat out as much or go to movies as often as they normally would. So restaurants and theaters are also vulnerable.
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We boosted economic growth in one quarter, but that doesn't mean it's sustainable. We still have a long-range view that the economy is changing, and consumers will have to adjust to it.
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There are no longer really state economic systems that can function by themselves. Most of our largest corporations are in every major market in the world. We're intertwined.
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We had a very good year in 2005. But it was a nervous world.
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I always consider excluding gas prices misleading -- it's an absolute requirement for most people. Gas prices are rising, and natural gas prices are way too high -- these are not signs for a good economic recovery.
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I think consumers are more cautious, and I think the retailers have kept inventories well under control.
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People are seeing we're not getting job growth, even though there have been a lot of promises of it. That's the key; for people to be satisfied, you have to have job growth.
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June numbers were extremely strong, which suggests May's weakness really was the weather -- that it was not just an excuse.
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