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Kevin Logan Quotes
«The jobless claims were lower because the weather was good.»
Author: Kevin Logan
«There's a little bit of relief that the Fed wasn't more aggressive.»
Author: Kevin Logan
«The data today confirmed in people's minds that the economy is slowing, and there may be no need for further tightening.»
Author: Kevin Logan
«It's a bit difficult to interpret the data because of revisions. It does appear that the export situation continues to get worse. Imports are flattening out, but exports are decreasing. And this will act as a drag on economic activity.»
Author: Kevin Logan
«All through the economy, businesses are finding they're unable to raise prices, so revenues are not growing in the way they would have liked. Without revenue growth, they're not going to grow profits. The only way to grow profits then is to cut costs, and the only way to do that is to not hire workers.»
Author: Kevin Logan
«The stimulus to spending will probably be small because a lot of people that get dividends are already well-off, and any additional retained income they'll have may not change their spending patterns much -- they may just save more.»
Author: Kevin Logan
«This shows the general level of apprehension gripping consumers now. Though it's not a reliable guide to what consumers will do, it does hint that spending will grow at a slower pace.»
Author: Kevin Logan
«If there were a quick resolution to the Iraq confrontation, there would be brief euphoria, but we would come back to basics, which are that companies are not making enough money to meet profit expectations, their balance sheets have a lot of debt, and there's not a lot of room for expansion.»
Author: Kevin Logan
«Oil prices will damage the economy in the sense that they're a large 'tax' on household income, meaning spending on non-energy goods will slow down, meaning there will be less production and employment in those areas.»
Author: Kevin Logan
«The housing market is likely to do less well, but that happens as resources are shifting back to areas where there's more remuneration -- such as manufacturing and services. That's how the system works -- rising rates are a reflection of how the economy is going to do.»
Author: Kevin Logan