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Anthony Chan Quotes
«It will cause something like a state of paralysis on the part of consumers, at least in the near term.»
Author: Anthony Chan
«The decline in the length of the average work week ... tells us this leading employment indicator does not foreshadow any immediate end to this general pattern of weakness in the labor market.»
Author: Anthony Chan
«When I take the drought [in the Midwest] this summer with the orange juice situation, I feel more comfortable that, in the next nine months or so, we may see [rising] food prices...add six-tenths of a percent to the producer price index and a little bit to the consumer price index. That makes the argument for deflation that much more unreasonable.»
Author: Anthony Chan
«[Retailers] won't make up the sales in two weeks, ... but over the next month they may make up at least half to three-quarters of the sales in the form of some discounting.»
Author: Anthony Chan
«We will continue on this jobless path, where we're not creating enough jobs to make a real difference to the economy, for at least another six to nine months.»
Author: Anthony Chan
«The overall weakness was so pervasive that it would be silly to completely dismiss the devastating weakness of this report.»
Author: Anthony Chan
«Once again, the retail sales report reveals that a war warning a day kept consumers away from the malls.»
Author: Anthony Chan
«The hope is that as the war issue is resolved over the next couple of days rather than weeks, we may see another bounce back in consumer activity.»
Author: Anthony Chan
«While an economy is limping during the earliest or first stage of an expansion -- this is where we are -- the ability to pass on the effects of higher input prices like energy is quite limited. But as soon as the economy begins to gain traction, more of these prices can be passed on.»
Author: Anthony Chan
«These figures strongly suggest that the labor market recovery train is still not even at the train station as of yet.»
Author: Anthony Chan