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Letter "D" » David Orr Quotes
«What they [Fed officials] and we are concerned about is the 'staying power' of [consumer] spending in 2002. In particular, there is room for a large decline in motor vehicle sales in the January retail sales report.»
Author: David Orr
«More people could die in the aftermath from lack of shelter and food than in the earthquake itself.»
Author: David Orr
«Initially, we estimated the number of people in need was about one million and we had reached about 50 percent of them. We've had a food security team in the field and they've revised the estimate up quite dramatically.»
Author: David Orr
«People have been saying shelter, shelter, shelter but there is no point having a tent if you are cold and hungry inside.»
Author: David Orr
«We're much more upbeat now than a few weeks ago when there was a sort of creeping anxiety.»
Author: David Orr
«We are in the second half of the season, and he needs a bit more speed.»
Author: David Orr
«In the late 1970s and early 1980s, people were getting 10 percent pay raises. But housing prices were going up 12 to 15 percent, and so were cars.»
Author: David Orr
«He has been very committed, ... He came onto the team as a freshman and has steadily improved. He aspires to run at the collegiate level.»
Author: David Orr
«My belief all along is the unemployment rate is the key to consumer behavior, ... A 4.5 percent unemployment rate would be more than a half a percentage point above the low of 3.9 percent. If unemployment goes up a half percentage point from its trough, you almost always get a recession subsequently in the next 12 months. There is a snowballing effect that begins to happen once you get too much past that size increase. While it might take a nice round 5.0 percent rate before people get panicked, the snow may already be rolling over them by then.»
Author: David Orr
«The data is squarely at odds with the anecdotal evidence one gets from those in the industry,»
Author: David Orr
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