The continued growth in consumption, not just in the second half of this year but continuing into 1998, means that producers have to invest. They've got to build up inventories.
More Quotes from Ken Goldstein:
We discovered for the umpteenth time that what matters most for most Americans is the labor market.Ken Goldstein
The fact that the January number is back up to the higher level we saw in August 2005 indicates that the demand for labor is holding steady and seems to have weathered the hurricane and energy-related effects of last fall. The January online help-wanted ad volume is consistent with what we are seeing from the Consumer Confidence Survey. In January, consumers were more upbeat about current economic conditions, and they were especially more positive about the job market.
Ken Goldstein
They're saying the economy stinks this summer, for whatever reason, but their anticipation is that it will turn for the better.
Ken Goldstein
We're really creating an arms-length relationship with Disney. It's a big deal, and the only way to go for a media company.
Ken Goldstein
There was cautious optimism a month ago that manufacturing declines might have been bottoming out, ... Now, in the wake of the attacks, economic demand seems likely to slow.
Ken Goldstein
The small but consistent decreases in the past three-month period certainly point to a second-half economic performance less robust than in the first half of 2000. With employment and income still rising, there will be growth, but not at the pace set earlier in the year.
Ken Goldstein
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