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 |

comments powered by Disqus

Random

Exports were flat for a second month running and that has been what is most broken in the trade picture. - Steven Wieting

It will be a long time until anybody thinks the economy is stretched and can't produce enough to match demand. We could be dealing with it for all of 2004, certainly. - Steven Wieting

Iraq will be the story until it isn't any more. - Steven Wieting