Ethan Harris Quotes

The consumer is already somewhat vulnerable in the year ahead as the tax-cut effects fade. If we continue to see pressure from energy prices, consumer spending is almost sure to slow down some.

- Ethan Harris

Tags

Consumer | Vulnerable | Year | Effects | Fade |

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You've had obviously a rise in gasoline prices, which is the visible price in the economy... There's (also) a tendency of the public to look at the unemployment rate that actually rose in March, while Wall Street looks at payrolls (which showed a large jump in the number of people working.) - Ethan Harris

The U.S. pointing to China is a bit like the pot calling the kettle black. The deficit with China reflects poor policy on both sides of the Pacific. - Ethan Harris

Some economists give a lot of weight to these surveys, but my feeling is that a survey's only good until the real data come out... The surveys are exaggerating the strength of the manufacturing sector. - Ethan Harris