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Quotations
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David Resler Quotes
«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.»
Author: David Resler
«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.»
Author: David Resler
«Uncertainty about the pricing environment will keep inventory investment more disappointing than some other economists expect.»
Author: David Resler
«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.»
Author: David Resler
«The bond market is noticing that the capacity usage rate is rising with this additional production, and to some people's minds that gets us nearer to the day of Fed tightening.»
Author: David Resler
«In the past few years, money supply has moved inversely with stock price movements, and that's probably where the weakness has come from.»
Author: David Resler
«Nevertheless, money supply contractions are often harbingers of bad times ahead, and if this lasts much longer, people will get more concerned.»
Author: David Resler
«It's nothing short of incredible. It's not enough to send me scurrying to raise my forecast for next year, but it's pointing toward considerable momentum going into the new year. It gives me more confidence we're going to be able to maintain strong growth in the first half.»
Author: David Resler
«One significant question mark was whether the recovery in manufacturing would be strong enough to generate the employment needed to sustain economic expansion. [Friday's report] is a strong indication we're finally getting that employment growth.»
Author: David Resler
«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.»
Author: David Resler
