Durables Quotes

We would look at consumer non-durables, where there is consistency of earnings, visibility of earnings, names like PepsiCo, Colgate-Palmolive and Safeway, are consumer non-durable names we've been adding to here in this decline. - Robert Bloom

I think the headline number is a bit misleading. It doesn't suggest that the economy is in trouble. Consumer durables production is looking solid, so it's looking like there's still going to be strong first quarter GDP growth. - Gary Thayer

I kind of like consumer non-durables, (they are) all expected to earn 20 to 25 percent or better this fiscal year... They have good returns on equity, 15 percent plus. And I think they're priced appropriately within their price-to-earnings multiples. - Michael Carty

Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like. - Martin Feldstein

Demand is high, but growth will be difficult for 2006. Galvanized sheet is used heavily in consumer durables-especially items such as sports utility vehicles. This sector carried the manufacturing economy during the recession; now it is due to cool. - John Anton