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Explore Quotations, Proverbs & Sayings

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Letter "D" » David Kelly Quotes
«The manufacturing sector is so productive that even with a rebound in production and orders, we still have, at best, flat employment. This is encouraging, but manufacturing employment remains a sore point in the American economy.»
Author: David Kelly
«In many cases, people who've been laid off in manufacturing should not look to manufacturing to replace their jobs. It's not going to happen.»
Author: David Kelly
«The reason spending dropped in January was a big fall in auto sales. I don't think this tells us much that's new -- it's consistent with an economy still growing in second or third gear.»
Author: David Kelly
«I'm glad it wasn't worse. I wouldn't say the job market is out of intensive care yet, but if we see a pickup in retail sales and a pickup in business spending in the next few months, the effects [of recent weak economic growth] should be done by the third quarter.»
Author: David Kelly
«$11 billion of the $18 billion drop in inventories was in manufacturing, and there's an element of that which isn't a matter of U.S. factories humming along [to re-stock shelves]. In many cases, there simply isn't any U.S. factory any more, and some of this may be just a permanent reduction in inventories.»
Author: David Kelly
«I don't know of many serious economists who think that a tax increase, immediately implemented, is a good idea.»
Author: David Kelly
«I think the Fed ought to be honest about what it believes. No good can come from having artificially low interest rates.»
Author: David Kelly
«It's not a barn-burner of a job market, but it should be good enough to keep the consumer hanging in there. That winning streak is unaffected by all these numbers.»
Author: David Kelly
«Sometimes at the top of the market, it's really just about people trying to make 2+2 equal 5. A lot of the biggest mergers conducted in the most optimistic circumstances don't enhance shareholder value that much. We don't want to see a repeat of that.»
Author: David Kelly
«Nothing about what they said today is surprising -- they changed the minimum number of words (from their last statement). We're still waiting for confirmation (of a recovery in) the labor market.»
Author: David Kelly

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