Gail Fosler Quotations

Very few of the responses will have a post-attack impact, ... In the last two weeks people have ... been very distracted. Filling out response cards to consumer confidence surveys has not really been their number one priority.

I think we are going to get a couple more quiet numbers. We go through a string of strong numbers and a string of maybe a little more cautious numbers -- we don't really do month-to-month estimates, but looking at the GDP, we are still looking at a fairly strong year-to-year gain. I think the market will breathe a little sigh of relief.

We are the engines of growth, and we can't afford to see those engines slow down.

Probably the most critical impact of higher energy prices is their ability to weaken consumer spending.

November 2001 will be viewed as the trough

This could give you no growth in the US or a possible recession.

This in some terms has been one of the mildest recessions on record, ... but it has been a severe recession by business standards and by the standards of the industrial sector.

A lot of that was borrowed by the second quarter in the first quarter. I think it is indicative of weakness in the second quarter.

not until we see some resolution of the Asian crisis.

In economies with less regulation, companies can use information communications technology that link sectors to one another in ways that create joint productivity.