Joel Naroff Quotes

With those kinds of prices, you can get on a plane and go to the Caribbean. And you don't have to bring linens.

- Joel Naroff

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Kinds | Prices | Plane | Caribbean | Bring |

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Manufacturers are not fools, and they looked out over the economy and saw that economic activity had slowed dramatically... Not wanting to carry inventories, they slashed production and workers. They acted correctly, but the downward spiral has been set in motion. - Joel Naroff

Almost all the intermediate level goods are rising, and rising sharply. Commodity prices are on the rise, there is no doubt about that. Finally, at the crude level, just about everything is increasing... This is not that tame a report. - Joel Naroff

Energy costs have been so high for so long that businesses aren't confident anymore that they'll fall or fall significantly... It's made them look toward trying to push through some smaller price increases. - Joel Naroff