KG
Ken Goldstein
123quotes
Quotes by Ken Goldstein
Ken Goldstein's insights on:
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The Leading Economic Index suggests that this period of slower growth will probably continue for the next few months.
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The leading economic indicators began to lose a little momentum before the hurricanes and flooding. Domestically, business investment appeared to be headed toward a moderate pace in the third quarter.
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The Leading Economic Indicators have been anything but consistent -- flat to declining from July through September, and recovering in October and November.
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The leading indicators are cooling off from the rapid pace registered at the end of last year. This is not the kind of performance to be expected when gross domestic product grew by 5.2 percent, as it did in the second quarter of 2000.
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The latest leading indicator readings suggest some slowing in the pace of economic activity through this summer.
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The latest readings on print want-ad volume suggest that job growth won't reach the 200,000-a-month pace for at least the next few months.
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All the folks writing stories about the double dip ought to just delete that file. There are no guarantees, but the train is leaving the station.
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The coincident economic indicators have been rising moderately but steadily in recent months, suggesting the economy is sustaining a relatively moderate pace.
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The combination of three bucks a gallon for gas and what the rest of the country is looking at on TV and hearing about and reading about certainly are not positives.
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