Not even Mother Nature can slow the housing market.
More Quotes from Joel Naroff:
Given the sharp falloff in vehicle sales, the modest decline in overall spending was actually very good news,Joel Naroff
As usual, the headline number hides the true facts. Outside energy, there was little relief for the already burdened consumer.
Joel Naroff
You're seeing a situation where the consumers are spending every penny they possibly can and borrowing on top of that.
Joel Naroff
Americans shopped the world's markets until we dropped. We bought a lot more of everything, including capital and consumer goods, foods and motor vehicles.
Joel Naroff
The weather in January was as good as it gets, yet demand fell.
Joel Naroff
Firms should be experiencing significant easing in cost pressures as the weak commodity prices are adding to the strong productivity gains, which are keeping labor costs down. Now if demand would only pick up a bit, the earnings would go right to the bottom line.
Joel Naroff
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Chemistry itself knows altogether too well that - given the real fear that the scarcity of global resources and energy might threaten the unity of mankind - chemistry is in a position to make a contribution towards securing a true peace on earth.
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