This will provide some offset to the drag caused by the hurricane's direct damage and flooding, which, along with the massive amounts of money being deployed in the affected area, suggest that the ultimate impact of Katrina on GDP might prove more fleeting than first thought.
More Quotes from Sherry Cooper:
Even so, While sales are slightly below their peak levels of late 1998, this sector has hardly suffered a body blow from the run-up in long-term mortgage rates, ... Until the housing sector slows significantly, it is far too premature to look for a broad-based slowing in the economy.Sherry Cooper
When the 10-year yield got to 4.4 percent Tuesday, I said this was probably a short-term buying opportunity and that we would see some correction.
Sherry Cooper
There has obviously been quite a bit of dissension as to the governmental policies, the slashing in fiscal expenditure, potential tax increases, as well as the astronomical increases in interest rates.
Sherry Cooper
The business community has actually been quite lax in taking this seriously.
Sherry Cooper
There is no longer a shadow of doubt that the U.S. economy is downshifting rapidly the only question is how deep the slowdown goes, ... We do not expect to see recession in 2001, but we certainly expect to see significantly slower growth with continued moderating inflation.
Sherry Cooper
Readers Who Like This Quotation Also Like:
Based on Topics: Advices Quotes, Mind Quotes, Money & Wealth Quotes, Thought & Thinking QuotesOne is never ready for success. It consecrates and looses you at the same time.
Isabelle Adjani
I personally don't have a problem with naked bodies on television.
Lesley-Anne Down
Ventriloquism today is in a slump.
Paul Winchell