Alan Skrainka Costs Quotations

We may be entering a recession here. So if I owned a small business, I would pay very close attention to controlling costs and develop a contingency plan.

I think all these reports taken together are going to paint an economy that is too hot. Labor costs are rising and that is beginning to lead to some signs of inflation.

I'm hopeful that we're nearing the end of this series of tightening. I don't think we have a serious inflation problem. With strong productivity, unit labor costs are under control.