Joel Naroff Quotes

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

Tags

Intermediate | Level | Goods | Rising | Sharply |

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We saw decent exports here. The weak dollar is beginning to have its effect. I think that will continue to happen, although I really don't expect the trade deficit to narrow until the end of this year if at all. - Joel Naroff

What we are basically looking at is an economy that is not very different from the economy last year. Depending on your industry and depending on your business, if you liked last year, you will probably like this year. - Joel Naroff

It doesn't indicate that households are going to dramatically start cutting back spending, but this does tells us that consumption, at least in this quarter, isn't going to be that great. - Joel Naroff