21 Total Quotes

David Resler Quotes

There is a view out there -- and this gets more into psychology than economics, that if Fed moves 50 (basis points) now, it might be all they need to do.
David Resler
#Economy

People are still planning to spend, and today's income numbers tell us that they have the wherewithal to do so.
David Resler
#Income

It's going to take a lot more than one month to convince me we are in a worrisome trend.
David Resler
#Convince

It's as good as it gets. You've got low inflation, minimal wage pressure, great productivity, booming growth and strong demand.
David Resler
#Growth

Uncertainty about the pricing environment will keep inventory investment more disappointing than some other economists expect.
David Resler
#Environment

Generally speaking the November sales pace makes one wonder what is going on with housing starts.
David Resler
#Sales

This is not a policy of indifference. This is a policy of additional restraint. Contrary to what they say, they think the inflation threat is graver than the threat to growth.
David Resler
#Indifference

It's the early signs of some cooling in this super-heated market. Fewer people qualify for loans and sales at these prices.
David Resler
#People

I think we can look to several more months, if not years, of this kind of performance. This is a terrific inflation report - exactly the kind of thing we all like to see.
David Resler
#Performance

The Fed is without question, especially in light of the behavior of the stock market, focused with laser-like scrutiny on consumer confidence.
David Resler
#Behavior

The job picture is as bad as it's been in the past 18 months. I don't think we can find enough special qualifying factors to give us an increase in payrolls.
David Resler
#Past

Today's numbers are pointing toward a considerable improvement in manufacturing activity in the second half of the year. Inventories are so lean that I can't imagine businesses have enough left to satisfy much of the demand. There's got to be more production.
David Resler
#Improvement

People don't seem to be so concerned that they're unwilling to commit future income to such purchases. The fact that people are willing to do that speaks much louder about consumer attitudes than what they tell some survey.
David Resler
#Future

We still have yet to see much evidence that any of this is translating into an inflation threat. Until it does, I don't expect the Fed to move.
David Resler
#Inflation

In the past few years, money supply has moved inversely with stock price movements, and that's probably where the weakness has come from.
David Resler
#Money

Nevertheless, money supply contractions are often harbingers of bad times ahead, and if this lasts much longer, people will get more concerned.
David Resler
#Money

We're at the stage of the business cycle where statisticians can't keep up with rapidly changing developments, especially new businesses. That's where the greatest potential for an upward revision is.
David Resler
#Business

We're going to get some extra employment growth as people displaced by the hurricanes find their way back into the job market, and that's likely to continue in the first few months of this year.
David Resler
#Growth

Very large swings in seasonal employment during and after the holidays typify the job market at this time of the year.
David Resler
#Holidays

A reading as high as 58.5 is consistent with an economy that is growing at a healthy pace. We see encouraging signs of moderating prices, although the vast majority of purchasing managers seem to be facing higher prices.
David Resler
#Economy

Claims continue hovering slightly above the 300,000 mark, implying strong, steady labor market conditions.
David Resler
#Labor