They're getting nervous. They're getting angry. They have not really done anything about it because they want to see if there's going to be relief for it. But now they're aware of it.
Delos Smith
The economy is generally chugging along. From the consumers' perspective, jobs remain an important issue. Consumers will also be keeping an eye on gas prices and what happening on the global front in terms of terrorism.
jobs perspective global eye economy terrorism important
They need to keep going.
angry relief aware
We haven't yet seen the negative effect of gas prices on consumer spending. It's certainly not here in these numbers. That doesn't mean it's not there. Certainly the weekly retail sales numbers have been sluggish.
numbers negative sales effect
The five percent drop is shocking. It indicates that perhaps the consumer tax rebate stimulus that benefited retailers during the back-to-school season has petered out.
tax
Corporate scandals, equity market problems, a lack of transparency, a lot of greed -- it was not just the Dow falling, it was all of these things that make people very, very nervous.
transparency people greed problems market equity falling things corporate lack
There are absolutely no price pressures in our system.
system price
When you take a look at what's happened in the last month, you see the same kind of pace?right on down the line. It shows a nice, steady moderate pace, which is what you want.
nice kind
It's the biggest market we have, because people don't live in empty houses.
people live houses market empty
Housing starts would be much much higher if they could find the people to build the homes.
people find
You must log in to post a comment.
There are no comments yet.