34 Quotes by Joel Naroff

Wholesale prices are going nowhere. We don't have deflation, but clearly there is no reason to expect prices to jump.

The data for the second quarter seem to point to a solid rebound in growth, ... That should generate improvement in profits, and hopefully the available funds will be spent on investment.

We are starting to get early estimates of the impacts of Katrina and they are ugly.

There are seminal points in economies, and they're reached rarely, ... We reached one in the 1990s, and we will not go back to an economy that bears any resemblance to the one before.

With consumers not spending, is it any surprise that the manufacturing sector has stumbled?

The trade deficit, if you can still use the term deficit to describe the GDP of a small country, just keeps getting wider. This is the Energizer bunny on steroids as it keeps growing and growing and growing.

The sharp rise in input costs can only further pressure earnings in those sectors where there is limited pricing power, which is still most of the economy.

Some people are being turned off by the high house prices and they just can't pull the trigger. Without question that's causing some people to think twice about buying.

Despite the faltering confidence numbers, consumption remains strong, and that is all that really matters,