Anthony Chan Decline Quotations

The decline in the length of the average work week ... tells us this leading employment indicator does not foreshadow any immediate end to this general pattern of weakness in the labor market.

The decline in hours means the economy will be limping along once again. Every tenth of an hour lost has the same economic impact as losing 200,000 jobs.

This was low because of lower energy prices. I don't think that's a decline we can expect to continue.

This big decline may seem a little on the aberrant side, and we have to be careful about it, but at least some of it has to be real.

I think a 0.2 percent decline in economic growth due Katrina's impact on oil and the regional economy is a realistic assumption,

You've got to ask yourself, will we have another 100-to-150 basis-point decline in mortgage rates? ... I would say that's a stretch, so it's not going to be a reliable source of funds for consumers -- we'll need to see the economy turning around.