Esmael Adibi Quotations

Right now, as long as the prices are steady and people have their jobs, I think they will do what is needed to make their payments and avoid the foreclosure process.

I don't think a lot will change right away.

If it stays at this level for about six months or so, you will see the prices of other products and services increase.

I wouldn't be surprised, once the benchmark number comes in, that we're going to be much closer to 2 percent than the current growth of 1.3 percent.

We already know the number of permits drawn by builders has decreased and is going to continue to decline because of the cool-down in the housing market. We won't need as many construction workers.

Consumers, with higher energy prices and higher interest rates, are going to have cut back somewhere.

Real estate is a big concern, and we're going to have to watch it carefully.

That's a huge revision. The economy of the Inland Empire is much stronger than they were originally reporting.

The major components of inflation for us are energy costs and housing costs and medical costs, and I don't see any major break in any of these. I wouldn't be surprised to see still 3.5 percent to 4 percent CPI for us for this year.

The employment numbers are pretty decent. But the concern I have is that two of the sectors showing the most strength construction and financial activities are very interest-rate sensitive.