Sung Sohn Current Quotations

We're going to get an economic boost from not only production, but from inventory buildup during the current quarter, and probably for the balance of this year.

It clearly tells us that consumers have and will continue to sustain and support economic growth, ... Consumers have really been the backbone of current economic growth and will continue to be a stabilizer for the balance of this year.

This economic indicator continues the string of statistical signs supporting the current Federal Reserve stance, ... The recovery seems to continue, but it is still too weak to generate sufficient payroll growth for inflationary pressure.

It was a very balanced statement. Given the current fragile state of the stock market and the economy, they wanted to do nothing which might add to volatility, so they decided to say as little as possible.

The economy has settled into a sustainable, self-reinforcing growth path, ... All major categories of the economy have contributed to economic growth. Now that businesses have begun to add to payrolls, the current expansion is self-reinforcing. Only external shocks, such as terrorist attacks or a surge in oil prices, could derail the recovery.