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Lakshman Achuthan Quotes
There's been a very real structural shift, primarily in manufacturing employment, as a result of outsourcing and earlier capital investment that has increased productivity. They're making employment act differently in this upturn.
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Lakshman Achuthan
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[Rising home values] are making people feel they don't need to save.
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Lakshman Achuthan
I don't think we're going to see jobs collapse or disappear. There is a bit of fear in the air with what's been going on with oil prices and the hurricane that there's going to be some kind of collapse. But I think this economy is resilient.
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Lakshman Achuthan
Right now, [our] leading indicators clearly show that the U.S. economy is in a window of vulnerability. This means that, depending on the course of oil prices and geopolitical events, the economy can be easily tipped into a new recession.
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Lakshman Achuthan
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