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Steven Wieting Quotes
«Business conditions are really slack. The latest rally in stocks doesn't change that.»
Author: Steven Wieting
«What's most important is that we've got demand and supply moving ahead fast enough that we're absorbing and creating jobs month in and month out -- that's not something to lament.»
Author: Steven Wieting
«Whether the Fed goes 25 or 50 basis points next week might mean something for managing market psychology, but it doesn't mean nearly as much for the broader economy. Their language regarding their future considerations on rates is what should matter.»
Author: Steven Wieting
«It will be a long time until anybody thinks the economy is stretched and can't produce enough to match demand. We could be dealing with it for all of 2004, certainly.»
Author: Steven Wieting
«If you can tell me where the next move in oil prices is going to be -- up to $60 a barrel or down to $20 -- I can tell you what the economy is going to do.»
Author: Steven Wieting
«There are several large drags, in a statistical sense. The underlying condition is that we're probably losing jobs. But the February and March data are not indicative of how bad it really is.»
Author: Steven Wieting
«Freeing up less productive resources by accomplishing more with less is the entire basis for rising living standards. It shouldn't come as a surprise that stronger periods of economic growth have generally begun during periods of high unemployment, not low unemployment.»
Author: Steven Wieting
«We saw a lot of healing going on in 2002, and nobody gives any credit to it.»
Author: Steven Wieting
«Friday's number is not going to make much of a difference for the outlook for the economy.»
Author: Steven Wieting
«We haven't had a single year of falling consumer spending since 1938. There's no boom or bust in consumer spending.»
Author: Steven Wieting