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Joel Naroff Quotes

[Americans] shopped the world's markets until we dropped. We bought a lot more of everything, including capital and consumer goods, foods and motor vehicles. - Joel Naroff

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Americans | Shopped | Markets | Dropped | Bought |

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The glory days of surging productivity that kept labor costs down look to be behind us. The expected slowdown in productivity has arrived and that is putting pressure on costs and the Fed. - Joel Naroff

Imports are creating some inflationary pressures but they don't appear to be that great. - Joel Naroff

With consumers spending a little less and business investment likely to slow, that will translate to a bit slower growth for factories. - Joel Naroff

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