Anthony Chan Quotes
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. 
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Typically | Trough | Recession | Time | Ends |
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I would say that momentum (in the housing market) probably will not continue, since you don't see the same strength in permits that you do in construction.
- Anthony Chan
