The typical pattern with a natural disaster like this is that the regional economy gets clobbered but you can barely see it in the national statistics. This time it is very different because of the impact on the energy infrastructure.
More Quotes from Nariman Behravesh:
This is just more evidence that we have got pretty solid growth and very little inflation.Nariman Behravesh
Record-high profits, combined with solid economic growth and rising capacity utilization will translate into robust capital spending - all good news for the industrial sectors of the economy.
Nariman Behravesh
I think the way out of these deficits is that the U.S. currency will start to come down over the next two to three years.
Nariman Behravesh
With these discounts out there, people who were thinking of buying cars later in the year bought them earlier instead.
Nariman Behravesh
Rather than the doom and gloom we've been hearing, the consumer hasn't packed it in, and Christmas sales will be reasonably good.
Nariman Behravesh
We are just starting to see the impact of Katrina. We are going to see awful inflation numbers, awful employment numbers and awful industrial production numbers for a few months.
Nariman Behravesh
Readers Who Like This Quotation Also Like:
Based on Topics: Energy Quotes, Statistics QuotesBased on Keywords: clobbered
I haven't played a chess match for several decades. At one point I lost most of my chess games. Then I realized many of my competitors were memorizing the best moves and I was unwilling to do this.
John Harsanyi
The hardest times for me were not when people challenged what I said, but when I felt my voice was not heard.
Carol Gilligan
I love funky styles. Not preppy or rock, just funky!
Vanessa Hudgens