Steven Wieting Quotes

I think energy affects us at every price. As we go marginally higher, growth forecasts get marginally weaker. At roughly $50, oil should be holding back GDP (gross domestic product) growth by a full percentage point in the year to come. Fortunately, we have more than a percentage point to give.

- Steven Wieting

Tags

Energy | Affects | Price | Marginally | Higher |

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However, a much larger drag seemed possible after the October surge, and a good portion of the rise will be offset by a gain in inventories in the quarter. - Steven Wieting

This notion that there's just too much tech everywhere contrasts with the fact that there's actually been a spending improvement. - Steven Wieting

We haven't had a single year of falling consumer spending since 1938. There's no boom or bust in consumer spending. - Steven Wieting