Joshua Shapiro Good Quotations

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.

Economic growth in the autumn and winter is likely to be soft, ... and there is going to be heightened pressure on companies to try to pass through some of their higher costs into finished goods prices.

It was a good solid number, maybe not as high as some people were hoping, and not as bad as bonds had feared,

The strength in manufacturing is increasingly tied to strong demand for exports as well as reasonably good domestic demand. Other economies are doing well and we've still got reasonably good economic growth and inventory rebuilding in the U.S.

Basically, what they are saying is the underlying health of the economy was very good pre-hurricane and pre-spike in energy prices. And it is still pretty good after those things.