Steven Wieting Quotes

Many of the understandable sources of recovery have been expended in the first half of 2002, leaving growth drivers into 2003 a mystery.

- Steven Wieting

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Understandable | Sources | Recovery | Expended | 2002 |

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Some of the conditions that have ripened the growth outlook at the start of 2006 are unlikely to last into spring. Abnormally warm weather boosted construction activity in December. ... Judging by a 46,000 gain in construction employment in January, the winter 2006 will go down as an unusually early and strong period for building activity. - Steven Wieting

For markets that have recently priced in 'nearly immediate' Fed tightening, [Friday's] data suggest more breathing room, even as tightening is likely to take place when recovery is more deeply entrenched. - 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