It is possible that the hurricanes that hit in August and September had a bigger impact on measured GDP growth in the fourth quarter than in the third. ... The hurricanes probably dragged on investment, too. - Nigel Gault Quotes
It is possible that the hurricanes that hit in August and September had a bigger impact on measured GDP growth in the fourth quarter than in the third. ... The hurricanes probably dragged on investment, too. Nigel Gault
 Growth

More - Nigel Gault Quotes

It wouldn't be unusual at all for them to stop and start again. - Nigel Gault Quotes

It wouldn't be unusual at all for them to stop and start again.

Nigel Gault

 
Of course, we don't know whether the price is going to stay at $3. But the longer prices stay at this level, the harder it is to believe that consumers will just carry on doing what they were doing. - Nigel Gault Quotes

Of course, we don't know whether the price is going to stay at $3. But the longer prices stay at this level, the harder it is to believe that consumers will just carry on doing what they were doing.

Nigel Gault

 
I don't think it's the case that we suddenly turn off the tap, and consumer spending stops dead in its tracks. It's more gradual. - Nigel Gault Quotes

I don't think it's the case that we suddenly turn off the tap, and consumer spending stops dead in its tracks. It's more gradual.

Nigel Gault

 
The reason (recession) gets mentioned . . . is that (energy price) movements of this sort of magnitude usually would be associated with recession. So you do have to start asking the question, ... The question needs to be asked, even if we think things are different on this occasion. - Nigel Gault Quotes

The reason (recession) gets mentioned . . . is that (energy price) movements of this sort of magnitude usually would be associated with recession. So you do have to start asking the question, ... The question needs to be asked, even if we think things are different on this occasion.

Nigel Gault

 Energy
Our equation says the economy ought to be good enough for Bush to win the election, - Nigel Gault Quotes

Our equation says the economy ought to be good enough for Bush to win the election,

Nigel Gault

 Economy
Companies have reached the limits of what they can do with their work forces. They have to hire more workers. - Nigel Gault Quotes

Companies have reached the limits of what they can do with their work forces. They have to hire more workers.

Nigel Gault

 
The goods and services deficit will continue to widen, especially since after Katrina the United States will be importing more energy products at higher prices. - Nigel Gault Quotes

The goods and services deficit will continue to widen, especially since after Katrina the United States will be importing more energy products at higher prices.

Nigel Gault

 United States
We believe the numbers today are confirming our view that growth will be soft throughout the rest of the year. - Nigel Gault Quotes

We believe the numbers today are confirming our view that growth will be soft throughout the rest of the year.

Nigel Gault

 Growth
Within a few months, the deficit will be widening to new records. - Nigel Gault Quotes

Within a few months, the deficit will be widening to new records.

Nigel Gault

 
U.S. consumers have been increasing their spending much faster than their incomes. - Nigel Gault Quotes

U.S. consumers have been increasing their spending much faster than their incomes.

Nigel Gault

 Consumers
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