29 Quotes by Ken Mayland

We're grinding out some good increases here. We're producing more than we ever did and our capacity to produce industrial goods has increased.

If anything, this is a pause. My impression is that manufacturing is doing better than the flat reading suggests.

There is a great deal of fear and uncertainty out there. On the one hand it's sad to see peoples' lives disrupted and destroyed. On the other hand, people are worrying about how they are going to pay their gasoline bills and their home heating bills this winter. It makes for a pretty bleak view of the future.

I think we can take heart in the fact that even with all the worries -- about energy prices, higher interest rates and a slowing housing market -- confidence moved higher.

I think any number below 350,000 is associated with good job growth. I think we are definitely getting back on track for fundamentally good job generation.

It is inevitable that we will see a 1% or 1.5% decline in retail sales in an upcoming month as consumers become sated with new vehicles. ... This will not be an indication of any particular vulnerability.

We are not there yet. I think anything north of 83 percent, we could see price pressures.

We are definitely in the neighborhood of a neutral fed funds rate.

What the Commerce Department calls savings is something different from what ordinary people call savings. Commerce calls savings basically current income not spent, whereas individuals call their savings really their wealth, their accumulation of all past savings.