137 Quotes by Robert Brusca

Prices don't decline like this unless you've got a lot of slack demand conditions.

Private sector job growth is still challenged. The report is not very good for the month alone, but the trends have actually improved, thanks to the revisions.

People don't look at economic data. But they know their own firm, they know if it's solid, they know if it's hiring and if people are getting raises. Even if they're not looking for a job, they know what's going on with their brother or sister or friend's job search. That's what makes these surveys powerful.

So while some special factors may be boosting spending, the overall trend of spending is well out of line with income growth. This tells us that this spending trend is unsustainable unless consumer income growth picks up sharply.

Oil prices going up is not inflationary. Inflation is too much money chasing too few goods.

Oil is an important culprit. But it is much more than that. Non-oil imports rose by 0.6 percent.

December's result will raise some questions but not enough to alter policy.

December looks weak but the November revision will stave off too much speculation of weakness.

A point-three increase is a big increase. ( But ) to the extent the increase was due to tobacco prices, the market may be willing to forgive it, dismiss it, to put it aside.