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More - Steve Cochrane Quotes

These January numbers are strong. The fact that the number of unemployed persons is down to 7,400, on a seasonally adjusted basis, must be a new cyclical low. It?s pretty remarkable that so few people are unemployed in the county. - Steve Cochrane Quotes

These January numbers are strong. The fact that the number of unemployed persons is down to 7,400, on a seasonally adjusted basis, must be a new cyclical low. It?s pretty remarkable that so few people are unemployed in the county.

It's hard to imagine gas prices at $3 a gallon even a few months ago. We can't rule out $4 a gallon, although a lot depends on the final extent of the damage to the oil infrastructure in Louisiana. - Steve Cochrane Quotes

It's hard to imagine gas prices at $3 a gallon even a few months ago. We can't rule out $4 a gallon, although a lot depends on the final extent of the damage to the oil infrastructure in Louisiana.

Huge amounts of grain from the Midwest get shipped out through New Orleans. If grain cannot get out through New Orleans, it could be lost if warehouses are flooded or ports close and barges are stuck in Mississippi. That could have a negative impact on farm income. It would be more costly to truck it to other locations. - Steve Cochrane Quotes

Huge amounts of grain from the Midwest get shipped out through New Orleans. If grain cannot get out through New Orleans, it could be lost if warehouses are flooded or ports close and barges are stuck in Mississippi. That could have a negative impact on farm income. It would be more costly to truck it to other locations.

It sounds like it's too soon to write the obituary on the housing market. There's not enough clear evidence. - Steve Cochrane Quotes

It sounds like it's too soon to write the obituary on the housing market. There's not enough clear evidence.

We've been saying for some time that if oil hits $70 a barrel, that puts the economy at a tipping point where if there were some other serious problems, we could fall into recession, ... they would leave the economy vulnerable to some other shock that might come along. - Steve Cochrane Quotes

We've been saying for some time that if oil hits $70 a barrel, that puts the economy at a tipping point where if there were some other serious problems, we could fall into recession, ... they would leave the economy vulnerable to some other shock that might come along.

This is not a home run. But it's pretty steady growth over the last six or seven months. If nothing else, it's a stable rate of growth that San Jose hasn't seen this in a long time. - Steve Cochrane Quotes

This is not a home run. But it's pretty steady growth over the last six or seven months. If nothing else, it's a stable rate of growth that San Jose hasn't seen this in a long time.

The biggest impact clearly is local, not national. If New Orleans suffers a fair amount of damage to hotels and casinos, people may not go there for a while because who wants to go if the place is a mess? - Steve Cochrane Quotes

The biggest impact clearly is local, not national. If New Orleans suffers a fair amount of damage to hotels and casinos, people may not go there for a while because who wants to go if the place is a mess?

This year is really going to be seen as a transition year away from the booming economy to a more moderate pace of growth. - Steve Cochrane Quotes

This year is really going to be seen as a transition year away from the booming economy to a more moderate pace of growth.

Right now, given the information that we've got, we've lowered our second-half projection [on economic growth] to 4%, essentially shaving off half a point. - Steve Cochrane Quotes

Right now, given the information that we've got, we've lowered our second-half projection [on economic growth] to 4%, essentially shaving off half a point.

You do need to earn more in California to achieve the same standard of living than in almost any other state, - Steve Cochrane Quotes

You do need to earn more in California to achieve the same standard of living than in almost any other state,

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