28 Quotes by Kevin Logan

The only reason we wouldn't be able to make it (to the benefit concert) is if Pete got listed and we needed to leave. As soon as they list him then we need to get him down immediately.

Seven percent is not an unreasonable estimate for GDP growth. Retail sales were strong, especially with the revisions. Consumer spending possibly grew 12 percent at an annual rate. That's really charging right along.

Seven percent is not an unreasonable estimate for GDP growth, ... Retail sales were strong, especially with the revisions. Consumer spending possibly grew 12 percent at an annual rate. That's really charging right along.

We have the FOMC next week where a rate hike is a foregone conclusion. Today's data didn't change that,

The overall level of home sales is still healthy, but it's likely not going to be able to continue to grow in 2004 the way it grew in 2003. It may be topping out, and sales will move sideways -- but that's not a bad thing, given the high level of sales.

The real story here is the (slower) growth of consumption in the quarter.

This seems to have more impact on people's expectations than current conditions. What changed was the price of gasoline, and people know that that can eventually lead to some kind of slowdown.

This shows the general level of apprehension gripping consumers now. Though it's not a reliable guide to what consumers will do, it does hint that spending will grow at a slower pace.

What it suggests is that the pace of growth, although pretty robust, is likely to slow a bit going forward.