Anthony Chan Consumer Quotations
Anthony Chan Quotes about:
Consumer Quotes from:
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Demand Quotes
If you have productivity growing faster than the economy, how can you expect demand for labor to be all that strong? I'm still hopeful that unemployment won't go much higher than 6.2 percent or 6.3 percent, but where we'll peak is not as important as when we turn around. If we sort of linger at 6.2 percent, that will put some downward pressure on consumer spending.
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Dissecting Quotes
I think the risk is the downside, not the upside, ... I think the markets are fairly nervous about the prospects for growth. They're going to be dissecting the number. If we have slower than expected consumer spending and stronger than expected inventory growth, that's not going to bode well for the next quarter or so.
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Appears Quotes
It appears as though the level of job security is rising and that's a very encouraging thing to consumers, ... Consumers are spending more on general merchandise as well as on eating out. People don't go out to restaurants a lot if they're not feeling good about their economic situation.