If you have productivity growing faster than the economy,...

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.

Anthony Chan Quote About Consumer, Demand, Downward, Expect, Faster: If You Have Productivity Growing...

Quotes from famous authors

Popular tags & topics