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Joshua Shapiro quotes

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    I Like this quote I dislike this quote“The big question now is how much companies will be able to raise prices for finished products to offset the hit to profits from higher unit labor costs.”

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    I Like this quote I dislike this quote“Combined with the fact that today's retail sales data point to a surge in July personal consumption, this means that the consumer entered Q3 with substantial momentum.”

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    I Like this quote I dislike this quote“Our own belief remains that while core inflation could well inch up in the coming months, it is unlikely to accelerate significantly.”

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    I Like this quote I dislike this quote“It's mighty difficult the closer you get to the consumer to raise prices, and that remains the case. There is a big debate out there as to how long can this continue.”

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    I Like this quote I dislike this quote“Refinery shutdowns will have a big impact on gasoline prices, ... and that's a tax on consumers.”

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    I Like this quote I dislike this quote“The Fed comments were fairly unsurprising. They indicated that there is more tightening ahead, and that the pace will be determined by upcoming data.”

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    I Like this quote I dislike this quote“The information in the report is considered dated because the current focus is on the extent of the damage to the nation's energy and trade infrastructure and therefore on the lasting nature of the effect Hurricane Katrina.”

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    I Like this quote I dislike this quote“[However,] most people probably expected them to tighten, ... The policy statement was the source of differing opinions.”

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    I Like this quote I dislike this quote“Well, with gasoline well over $3.00 a gallon in most places when this survey was conducted, it is little wonder that consumers were cranky,”

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    I Like this quote I dislike this quote“We believe that consumer spending is going to bear the brunt of higher energy prices that we have seen leading up to and immediately following Hurricane Katrina as discretionary spending is curtailed.”

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