Anthony Chan Grow Quotations

We're coming off 6 percent consumer spending growth in the fourth quarter, and that's going to moderate. It's not going to collapse, but see we spending in the neighborhood of 2 to 3 percent for the rest of the year.

In the short run, it's a no-win situation for the administration. But longer term, it's a win-win situation because you keep financial flows going, and economic growth will become a lot firmer.

Wages have stagnated over the past couple of years; employers have no incentive to change wages. Eventually we will see incentive packages moving more closely in line with growth in the economy, but it's not going to happen soon.

This action really reveals the Fed's excitement with the emerging signs of economic growth we're seeing.

Outside of energy, the consumer is fine. That's why growth this year will be weaker than last year, and it will be weaker next year than this year.

This report was very encouraging. It gives us stronger employment growth than the market was expecting while none of negative side effects of economic growth are present, such as higher inflationary pressure from wages.

This report supports Greenspan's rosy economic view that the economy is likely to continue to grow unabated this quarter thereby justifying continued increases in short-term rates.

These numbers tell us that the underlying productivity surge observed in recent years remains alive and well. If productivity could rise by 1.1 percent during a sluggish growth environment, imagine what can happen once the U.S. reverts back towards trend economic growth.

These numbers give us an indication of the trend, and the trend is still telling us we're in improvement mode, not in breakout mode, where job growth is surging,

The trade deficit coming in a bit wider suggests growth is going to be a lot slower. It throws more support on the notion that there is more uncertainty in the short run. But that's premature speculation.

That's one of the reasons the futures are up now. There's a growing expectation that this CPI will be as friendly as the PPI was.

A declining deficit may be signaling a slight loss of economic growth momentum.

The jump in payrolls this month shows that although the economy clearly went through a wider-than-expected soft patch, it does not appear as though the shortfall in growth was permanent,

When you listen to Greenspan's speech, you hear a fear about the sustainability of economic growth and no inflation pressures. Guess what that spells? Lower interest rates and postponing a return to higher rates, to insure the sustainability of growth.

The problem was that we had earnings growing at a high multiple of economic activity, and that wasn't right. There was a considerable amount of pressure for companies to exaggerate economic activity, but the economy was doing just fine.

I don't have any doubt it's going to bite. The debate is whether it'll bite enough to cause a recession, and I don't think so. Because the economy remains fairly strong, it can withstand these one-two punches. If we were growing at 1 or 2 percent and we got this same one-two punches, the ref would tell everyone to go home.

This gives the Fed license to continue executing monetary policy. If they see any signs of slow growth in employment, industrial production, or retail sales, they certainly have the green light to make another cut. They have total flexibility to do whatever it takes to prevent a recession.

This confirms fears that the economy was growing slowly, but it doesn't absolutely mean we are headed for a double-dip recession.

The fears we had that growth was pretty soft and fungible are basically coming out; that's what the data are showing.

If you have productivity growing faster than the economy, how can you expect demand for labor to be all that strong? I'm still hopeful that unemployment won't go much higher than 6.2 percent or 6.3 percent, but where we'll peak is not as important as when we turn around. If we sort of linger at 6.2 percent, that will put some downward pressure on consumer spending.

The stock market didn't want the economy to grow too quickly because they were worried about aggressive rate hikes, ... They wanted the Goldilocks approach where everything was just right. But now they realize that maybe the porridge is a bit too cold for their taste.

It's unreasonable to expect that the information we have so far could justify another cut right now. We need to see more evidence the economy is headed for much slower growth in the months ahead.

The plunge in inventory accumulation does suggest that firms are not confident enough to add merchandise to their shelves. But they will not be able to do this indefinitely because everyone knows that sporting empty shelves in a rising growth environment is not prudent.

Although we should get a boost from the reduction in tax withholding along with tax rebates to lower-income taxpayers, the fear is that the persistence of poor labor-market conditions and continuing geopolitical risk may end up tempering economic growth conditions during the third quarter.

Although the current growth environment is not impressive, positive growth is still positive growth. On the darker side of things, however, we must admit that the economy still lacks the growth momentum needed to correct many of the labor market ailments.

What it tells us is that we may see a bit of an easing off of economic growth or momentum. But even though the trajectory of growth may, in fact, ease a bit in 2006, I think the expansion remains intact.

The prospects of 4 percent real GDP growth (or possibly more after future data revisions) during the third quarter are back on the table,

The momentum going into 2006 is clearly healthy. We will be able to withstand weaker growth for the rest of the quarter and almost not miss a heart beat.

It's difficult to foresee a growth rate where we will find 320,000 jobs

We are not likely to see faster employment growth until the current growth trend in productivity slows significantly.

It's a healthy development. It tells us the underlying momentum of the economy was stronger, so we can afford to take a bigger hit in the second quarter and still have respectable growth for the year.

I think a 0.2 percent decline in economic growth due Katrina's impact on oil and the regional economy is a realistic assumption,

We're not going to get the 1.5 percent productivity growth necessary to produce all those jobs. Such a fall-off would be out of line with what normally happens.

Exports increased by such a small amount, it's not enough to tell me the inventory problem is going to go away. We need world economic growth to start picking up.

Futures are down this morning, feeling the pressure of Texas Instruments' weak forecast. Now it is clear that growth is certainly going to slow. The question is, by how much?

There is not much growth behind the curtain when all is said and done.

Corporate earnings growth is slowing. Earnings might be growing at 9 to 10 percent, and that's still impressive. But they're going in the wrong direction.