153 Total Quotes

Anthony Chan Quotes

I think a 0.2 percent decline in economic growth due Katrina's impact on oil and the regional economy is a realistic assumption,
Anthony Chan
#Economy

Outside of the volatile food and energy components, we continue to see that the risk of disinflation [not be to confused with deflation] remains very much alive,
Anthony Chan
#Energy

When the economy is booming and you want to hire new workers, you have to attract them with money. Today, all you have to offer is a job.
Anthony Chan
#Economy

That's not to say consumer spending will collapse, but there's no doubt it will lag growth in the rest of the economy. I'm hoping [business] capital investment will take up some of the slack.
Anthony Chan
#Doubt

The Federal Reserve and energy prices really have the fate of the economy in their hands.
Anthony Chan
#Economy

When you measure [prices of ] both goods and services, you come up with a tame inflation environment, which is policy nirvana. You can apply as much fiscal policy and monetary policy as you want without side effects.
Anthony Chan
#Environment

I haven't seen increases in the workweek strong enough to augur that all of a sudden employment is going to surge, ... If I had seen that in the past couple of months, I would be more optimistic.
Anthony Chan
#Employment

While weather played a role in soft apparel sales, the high energy prices impacted overall sales. Net-net, the climate is likely to get better with improvements in the labor market.
Anthony Chan
#Climate

Since the beginning of this year, the economy has been recovering gradually....In that environment, a gradually rising stock market would be justified. Instead we got a sharp decline. Can we justify this rally? Absolutely....But we can't justify a thousand-point increase every week.
Anthony Chan
#Beginning

What is giving us protection is all the global competition that we have. That is preventing companies from passing on most of the costs. Even though productivity has been slowing down, it's still fairly significant.
Anthony Chan
#Competition

Consumers are stressed. Consumers are at the crossroads.
Anthony Chan
#Consumers

I remain more confident that the consumer will take great comfort in knowing that our government is truly taking care of business.
Anthony Chan
#Comfort

It's difficult to foresee a growth rate where we will find 320,000 jobs
Anthony Chan
#Growth

Usually the devil is in the details. With this report, the greatest fear is that details of true labor market conditions will be found over the next couple of months instead of in this report.
Anthony Chan
#Devil

Essentially, the energy prices outlook offers almost a lose, lose scenario. Bad news for inflation if they rise and bad news for the economy if they rise too much.
Anthony Chan
#Energy

We're probably going to see unemployment at 5 percent by the time this is over. The good news is, this is still relatively low compared to the [past] two recessions.
Anthony Chan
#News

Right now ... there's the perception out there that somehow the Republicans are taking care of our security a lot more than they are our economy. If we get full Republican control ... we may see it have a negative impact on confidence.
Anthony Chan
#Perception

The fears we had that growth was pretty soft and fungible are basically coming out; that's what the data are showing.
Anthony Chan
#Growth

Given the signs of recovery in the manufacturing sector, that won't bring the economy to its knees, but it will ensure that this will be a moderate rather than robust recovery.
Anthony Chan
#Economy

Oil prices have not been a positive for the equity market with the potential for rising inflation.
Anthony Chan
#Inflation

It's tempting to say these are terrible jobs, but the service sector has more wage pricing power than the manufacturing sector. If you're getting a pay increase from your boss today, it's probably not in manufacturing.
Anthony Chan
#Jobs

This [first quarter] is probably going to be our strongest calendar quarter of the year. It's all downhill from here, but that's OK.
Anthony Chan
#Calendar

When we exclude the effects of the recent hurricanes, we have to come away with the conclusion that despite higher energy prices and a battery of hurricanes, the job market is not doing all that bad.
Anthony Chan
#Conclusion

This confidence is encouraging and takes some of the pressure off the terrible number we saw with retail sales.
Anthony Chan
#Confidence

The auction also showed that foreign appetite for our securities remain voracious, which in itself is another positive sign.
Anthony Chan
#Appetite

There's no question the recovery is taking longer than people thought. People thought the economy would pick up very quickly and that we would have a typical garden variety economic recovery. That's not the case, but the good news is it is a recovery. You can't ask for more than that.
Anthony Chan
#Economy

Even when people thought the economy would collapse because of the hurricane, it didn't.
Anthony Chan
#Economy

There is a lot of pain, and if anything these statistics are understating the pain, ... At the same time the economy is showing some potential signs of improvement, you're not finding a lot of firms offering jobs.
Anthony Chan
#Pain

I haven't seen increases in the workweek strong enough to augur that all of a sudden employment is going to surge. If I had seen that in the past couple of months, I would be more optimistic.
Anthony Chan
#Employment

Anything that causes people to spend more time thinking about what they do will clearly have an impact on productivity. The good news is this is not a permanent situation -- these things have a way of clearing themselves up. But will it be completely inconsequential? I don't think so.
Anthony Chan
#Causes