David Kelly Quotes

What generally happens is, during the first year of economic expansion, we see more productivity growth than job growth, and that changes as you go into the second year... We may be on the cusp of that.

- David Kelly

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Generally | Year | Economic | Expansion | Productivity |

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$11 billion of the $18 billion drop in inventories was in manufacturing, and there's an element of that which isn't a matter of U.S. factories humming along [to re-stock shelves]. In many cases, there simply isn't any U.S. factory any more, and some of this may be just a permanent reduction in inventories. - David Kelly

Baby boomers are turning 60, and they're working to build up those nest eggs for retirement. For some that are running behind, that means putting at least some of that nest egg into more aggressive investments. For a while, that was real estate or high-yield bonds. Not anymore. - David Kelly

What generally happens is, during the first year of economic expansion, we see more productivity growth than job growth, and that changes as you go into the second year... We may be on the cusp of that. - David Kelly