Steven Wieting Quotes


Consumption is growing, government outlays are growing and the third quarter will look very strong. But going forward, business spending is flat and decisions are being deferred. That can keep us weak for the near term -- neither contracting nor expanding. - Steven Wieting


Business conditions are really slack. The latest rally in stocks doesn't change that. - Steven Wieting


Beneath the surface, production and inventory, here and abroad, are moving up faster than the rate of demand growth. - Steven Wieting


Benchmark revisions could completely recast underlying data, in which case January forecasts won't be useful. - Steven Wieting


At worst it's a wash-out... I don't think the fears or the benefits of the dollar's fall are really quite as much as they're cracked up to be. - Steven Wieting


After periods of a large slump in employment, there may be advantages to canvassing homes. - Steven Wieting


[By his lights it didn't make sense that stocks were unable to hold onto most of their gains Tuesday, finishing the day roughly flat after a jump early on.] The reaction to this data in the past would have been much more positive... These days only bad news is carrying weight. - Steven Wieting


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