Joe LaVorgna Growth Quotations

Inventory building last quarter was less than what we were thinking, which actually bodes better for growth this quarter. Current quarter growth prospects are bright.

I am getting the sneaking suspicion that there is an inventory situation going on here, which means that growth could be even weaker. That is a bit troubling to me.

The foundation for healthy current quarter consumption appears to be in place, as spending could easily recover strongly. Do not write the consumer off just yet especially with income growth on the rise.