The unleashing of business pent-up demand will ensure that the U.S. economy's recovery will continue, but the unwinding of consumer spent-up demand will ensure that it won't come roaring back,
More Quotes from Mark Zandi:
Consumer spending growth will moderate, but it won't impede the current pace of economic expansion.Mark Zandi
It would undermine the housing market, and could quickly result in credit problems that would affect the entire (American) financial system.
Mark Zandi
It's similar to asking a big part of the labor force to leave. In today's economy where the job market is at capacity, asking people to leave means the economy will not grow as fast. In fact, there could be a very difficult adjustment over the first three to four years when this process is in full swing.
Mark Zandi
There is not enough uncertainty about Fed rate hikes. That causes people to take on too much risk.
Mark Zandi
People are responding to the escalating prices They're moving.
Mark Zandi
I think they will tighten, but there is a much higher level of uncertainty regarding this decision than at any one since they started over a year ago.
Mark Zandi
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Based on Topics: Business & Commerce QuotesBased on Keywords: pent-up, unleashing, unwinding
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