Michael Niemira Quotes

The overall story is one of continued strength of the consumer but there are a couple of underlying stories here too.

- Michael Niemira

Tags

Story | Continued | Strength | Consumer | Couple |

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You can't sustain an economy driven only by motor vehicle purchases. We're looking for [business spending to rise] in order to be confident about the second leg of the expansion going forth and, with it, the duration of expansion. - Michael Niemira

As summer-like weather warmed up the South and very mild weather extended as far north as Illinois over the last week, consumers got the shopping bug. - Michael Niemira

What you're seeing is that some retailers are getting back to normal, but the weakness seems pretty widespread among department stores. So it's still an extremely fragile environment. - Michael Niemira