“This in some terms has been one of the mildest recessions on record, ... but it has been a severe recession by business standards and by the standards of the industrial sector.”
“Very few of the responses will have a post-attack impact, ... In the last two weeks people have ... been very distracted. Filling out response cards to consumer confidence surveys has not really been their number one priority.”
“In economies with less regulation, companies can use information communications technology that link sectors to one another in ways that create joint productivity.”
“I think we are going to get a couple more quiet numbers. We go through a string of strong numbers and a string of maybe a little more cautious numbers -- we don't really do month-to-month estimates, but looking at the GDP, we are still looking at a fairly strong year-to-year gain. I think the market will breathe a little sigh of relief.”