William Dunkelberg Quotes (20 Quotes)


    Shopping action must have been heavy, as the frequency of reported sales gains jumped way up in November, to the third-highest level in all of '98.

    Judicious capital investments have allowed the small-business community to cut operating costs to the point where many are able to hold the line on -- or reduce -- consumer costs, improve employee compensation, withstand flat or lower sales and still generate higher profits,

    The small business sector is clearly slowing, but there are no signs of 'disorder' in the exiting, ... This is good news for the Fed, which expressed its pleasure by hinting at rate cuts if things slowed too quickly.

    Consumers have not become timid, capital spending is double digit, and the government is spending more.

    The index suggests that the consensus economic forecasts predicting slower growth for the first half of 1999 will be wrong again. We look for growth in Gross Domestic Product to keep running above 3 percent until at least mid-year.


    to have taken the attack personally, posting widespread reductions in expected real sales gains over the next three months.

    Main Street optimism has backed down from the mountain top and is resting on a high plateau. The general view is that things have been going well for so long, they're bound to ease back a bit. Small-business owners aren't painting a doom-and-gloom scenario here. They just sense that the red-hot economy will cool by a degree or two.

    Historically, except for the dot-com hiring binge, this is a very solid number.


    Small business owners are raising wages to keep the people already on board and to make open positions more attractive, ... With many small firms struggling to fill job slots, it's natural to see expansion plans being put on hold.

    The 'tone' is terrific but the dollars haven't caught up with the music.

    A net 17 percent of small employers plan to increase employment in the next three months, indicating that this year could be a fairly good period for manufacturing if the economy holds and the dollar weakens.

    I won't say 'deflation,' but price paring was widespread. It reached far beyond manufacturing and agriculture.

    The data still point to an acceleration of inflation in 2000, but hint ever so tantalizingly at the possibility that the worst may be past,

    Credit costs more but is no harder to get. And because interest costs are not particularly large for most firms, there are few complaints.

    While three points shy of the record set in December, that's still a very strong number.

    By historical standards, that's a good rate, but we're used to 5 and 6 (percent growth) now, so it's going to feel bad. Perspective gets skewed by prosperity.

    Barring a crippling auto industry strike or some other major event unforeseen in May, the latest survey readings indicate a growth rate of about 3 percent during the next six months,

    Capital spending (actual and planned) got healthier and one in five owners views the current period as a good time to expand, strong for this period in the cycle.

    While hiring plans have softened since last year, labor markets remain extremely tight.


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