We've seen, over the past seven months or so, orders stabilize or improve slightly, compared to a big decline last year. Orders are rising relative to inventories, and that's a positive sign for capital spending.
More Quotes from Gary Thayer:
Today's numbers show that consumers are not very optimistic about the economy. As a result, we will see consumer spending reduced until we see some relief on energy prices. If we don't get some relief, it looks like it will be a very weak holiday season.Gary Thayer
If you look back at the'70s and'80s, the Fed was perceived to be the man behind the curtains. Today, it's looked at as a more prominent player. I'd say (Greenspan's) better known than members of the Supreme Court, and that wasn't true of his predecessors.
Gary Thayer
We think the economy is poised to slow down and that's good news for the Federal Reserve.
Gary Thayer
The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers.
Gary Thayer
Growth is still at a healthy level.
Gary Thayer
We still have a very weak world economy, despite the fact that the U.S. economy is still doing pretty good, ... We're seeing lower prices basically because there is more production out there than demand.
Gary Thayer
Readers Who Like This Quotation Also Like:
Based on Topics: Past QuotesWithout trying, I'm different.
Paul Wellstone
Love is the bond of perfection.
John Winthrop
To give alms is nothing unless you give thought also.
John Ruskin