Lara Rhame Quotes

Inflation is looking more benign outside of the energy sector.

- Lara Rhame

Tags

Inflation | Benign | Energy | Sector |

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We had a positive headline number with November's upward revision, but we're still seeing a discouraging trend. Excluding auto sales, sales have gone from 0.8 to 0.3 to flat over October, November and December. So we're seeing growth mainly based on auto purchases. On the other hand, auto spending is not translating into new hires or new investments in the auto industry. And that's true across industries. - Lara Rhame

The manufacturing sector has been so battered that it's too early to say the troubles are over in that sector. But we're seeing the economy making some kind of a bounce after contracting in April. We have to see now whether or not that continues. - Lara Rhame

I firmly believe consumer spending will stay in positive territory, but I think we will see further signs of consumer fatigue as the year progresses. - Lara Rhame