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Joshua Shapiro Quotes

«Builders were able to build and so they were out there doing it, and the seasonal adjustment process pumped it up.»
«The economy seems to have a decent amount of momentum at the moment.»
«February was not a bad month either temperature-wise. If you look at other evidence, things are beginning to roll over. You will see housing starts roll over in the months ahead.»
«A softening trend for consumer spending is the most likely outcome for most of this year, particularly as housing cools off. However, we do not think that consumer spending growth is going to fall apart anytime soon.»
«There's not much to worry about as far as imported inflation is concerned. For as long as the dollar hangs in there, we should see a benign reading for import prices excluding fuels.»
«While this was obviously a good month, we don't expect this to continue. We think it's going to be a slow drift up in core inflation going forward.»
«We're in the early stages of a slowdown in the housing market.»
«It's going to be hard in the near term to do anything more than slow the rate of deterioration in the deficit. Imports are just too large compared with exports.»
«It's more of a reason to believe that things are going to slow down.»
«There are reasonably deep-seated reasons for pessimism on the part of home builders.»

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