David Kelly Quotes

Even if consumers pull back a bit, just rebuilding those inventories will add a lot of growth. We will see a shift to business spending from consumer spending in the fourth quarter, and when that occurs, it will be quite healthy.

- David Kelly

Tags

Consumers | Pull | Rebuilding | Inventories | Growth |

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This elevated growth rate in the economy should prevent a replay of the jobless recovery. If we have two strong quarters of growth, then employment will start to show decent gains in the third quarter. - David Kelly

This is a classic case of the labor market lagging. We're going to see weakness for another few months, but the pace of the growth of the economy is going to help the job market. We are busting out of recession here. This is not a mild rebound. - David Kelly

The American consumer really went spending in the fourth quarter in an extraordinary way, and what we're seeing here is confirmation of that trend. - David Kelly