26 Quotes by Steve Stanley

Without a doubt, the decline mainly reflects the run-up in gasoline prices.

To the extent that the Fed has emphasized how important benign inflation expectations are in maintaining price stability, ... the June results are disturbing.

There have been a number of strong offsetting influences on consumer moods so far this month. Obviously, the two biggest negatives are the shaky jobs situation and rising gasoline and energy prices,

Once we get a few strong payroll gains, the tightening cycle will commence. That could be three months away or another year away. No one, including Greenspan, knows the timeframe; but make no mistake, tightening is coming sooner or later.

Once we get a few strong payroll gains, the tightening cycle will commence, ... That could be three months away or another year away. No one, including Greenspan, knows the timeframe; but make no mistake, tightening is coming sooner or later.

The bottom line is that, with employment and income gains picking up, it will take mortgage rates a lot higher than 6.24 percent to choke off housing demand. We will probably get to a level of rates that bites eventually, but certainly not in the next few months.

The bottom line is that the housing sector, at least for now, is more than holding its own in the face of higher but not yet high mortgage rates,

That's not exactly an evaluation which would suggest that Friday's number will be a blowout to the upside.

This kind of situation calls on each one of us to reach out in any way we can. All of us at Bladen Builders, like people all over the world, wanted to contribute in some manner. When our distributor, Do it Best Corporation, notified us of the collaborative effort, our feelings quickly turned into a desire to act.