234 Quotes by Mark Zandi

Part of the problem that all of tech is having with respect to jobs is they significantly over-hired during the boom times and to some degree the past few years has been payback for overaggressive hiring. But I think that process is largely over and we should see slightly better job growth in tech by this time next year.

In the absence of a second layer of information, we all assume the job growth is from hiring. It is our default position.

It does indicate that the second quarter was a disappointing quarter, ... Growth slowed sharply. Consumers became more cautious and our trade deficit ballooned. The economy was weighed down by higher energy prices.

If the job market doesn't kick into higher gear soon, consumers will lose confidence and rein in their spending, and the economy will in all likelihood fall back into recession unless we're very lucky.

It depends on your time frame. For the next few months, it's decidedly a negative event. But in a year or so, the effects will likely have faded.

Christmas sales are shaping up to be OK.

I thought oil would have been a concern since it hit $40 but the economy has digested it well,

Housing is a fault line in the economy that Greenspan is indeed worried about, but he doesn't think a housing (slowdown) will undermine the expansion.

I think they're going to stick to their script, that they're going to continue to tighten at each meeting.