Esmael Adibi Quotes (5 Quotes)

The employment numbers are pretty decent. But the concern I have is that two of the sectors showing the most strength construction and financial activities are very interest-rate sensitive.

Real estate is a big concern, and we're going to have to watch it carefully.

We already know the number of permits drawn by builders has decreased and is going to continue to decline because of the cool-down in the housing market. We won't need as many construction workers.

Right now, as long as the prices are steady and people have their jobs, I think they will do what is needed to make their payments and avoid the foreclosure process.

I wouldn't be surprised, once the benchmark number comes in, that we're going to be much closer to 2 percent than the current growth of 1.3 percent.