Steven Wieting Forecasts Quotations

I think energy affects us at every price. As we go marginally higher, growth forecasts get marginally weaker,

We're not at gas prices that pose some kind of a tipping point. There have been botched forecasts of a recession at every $10 move (higher) in crude oil futures.

Benchmark revisions could completely recast underlying data, in which case January forecasts won't be useful.