123 Quotes by Ken Goldstein

We've seen the trade deficit widen each of the last four years at relatively the same pace. What's going to happen because of Asian flu is it will widen twice as fast this year as it did each of the last four years.

There are a lot of factors here, but more than anything else, we haven't had a full jobs recovery, and the consumer is waiting for that. These numbers reflect they're kind of running out of patience.

We might be out of recession already. The recovery could be more vigorous than earlier anticipated.

Severe weather conditions and uncertainty over interest rates may help explain why the rise in the indicators was cut short.

Signals for the immediate future point to continued expansion, although not at the breakneck pace of the fourth quarter of 1999, ... The biggest risk to the ongoing expansion continues to be interest-rate increases and the prospect of still more Federal Reserve Board action.

One of the things this points out is that we're on the road to recovery, but the road is going to be bumpy -- it always is.

Nothing is going to happen in terms of improving confidence until something happens in terms of an improving labor market, and that might well take until after New Year's.

I don't know where they are going to stop, and I don't know that they know.

Given that we're at least a couple of months away from turnaround in the labor market, the fact that consumer confidence is not doing much worse than treading water is actually a good-news story.