Ken Goldstein Momentum Quotations

The performance of the leading index is suggestive of continued momentum or growth in the spring.

Overall economic momentum is no longer firing on all cylinders. And hiring intentions this summer are suggestive that companies may not increase hiring until the economy regains more solid footing.

The significant increase in the leading indicators during the last six months, tempered only by the financially related pause in February, points to forward momentum in this expansion.

The leading economic indicators began to lose a little momentum before the hurricanes and flooding. Domestically, business investment appeared to be headed toward a moderate pace in the third quarter.