Lynn Franco Quotes on Economics (5 Quotes)

As the economic ramifications of Sept. 11 continue to reverberate in the coming weeks and months, and the number of layoffs continues to rise, the economy faces tougher times ahead, ... While consumers have managed to keep the U. S. out of a recession for several years now, that soon may no longer be the case.

... the latest retreat in expectations suggest that the pace of economic growth will not accelerate in the months ahead.

While overall confidence remains relatively positive, the latest reading reflects growing concerns that U.S. economic growth may be slowing down. And, while the outlook for corporate profits remains optimistic, rising interest rates and oil prices may curb business leaders' projections.

While the latest signals suggest that U.S. economic activity should decelerate in coming months, consumers are not expecting this record-breaking economic expansion to end any time soon.

The level of optimism does not suggest a dramatic acceleration in economic growth during the first half of 2003.