Anthony Chan Quotes

The decline in the length of the average work week ... tells us this leading employment indicator does not foreshadow any immediate end to this general pattern of weakness in the labor market.

- Anthony Chan

Tags

Decline | Length | Average | Work | Week |

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You typically see, from the trough of a recession to the time when the recession ends, a 1.3-percent gain in payrolls... From when the recession likely ended, in December of last year, we've had 0.004 percent gain, instead of that 1.3 percent gain. There's a pent-up demand for labor, given such a jobless recovery. - Anthony Chan

The hope is that as the war issue is resolved over the next couple of days rather than weeks, we may see another bounce back in consumer activity. - Anthony Chan

[Consumer prices] are really what you have to worry about... In the consumer price index, there seems to be some extreme resiliency on the service side, which is much larger than the goods side. There's no deflation on the service side. - Anthony Chan