Quick Quotes for 1987

A random sampling of ideas and opinions

"Housing had been one of the keys to growth. It's not going to be an engine of the economy as much anymore."

Maury Harris Chief Economist Paine Webber Inc.

"Housing is still a cyclical business . a gradual tapering off in housing starts in the coming months."

John Tuccillo Chief Economist National Council of Savings Institutions

"1987 total starts will drop 160/o nationwide: single family starts down 8% and multifamily down 210l0. All regions should see a declinel. a 120/o drop in the Northeast, l7% drop in the Midwest.730/o in the South and 8o/o in the West."

Michael Sumichrast Senior Economic Advisor National Association of Home Builders

"We are either going to make it in these markets (exports) or not at all."

George Weyerhaeuser President and Chief Executive Officer Weyerhaeuser Co.

"Throughout the business community, you get almost unanimous agreement that the most difficult problems facing us are the deficits of both budget and trade."

Robert Beck Chairman Prudential Insurance Co.

"When you try to put it all together, the message is that the economy isn't breaking out one way or the other from the slow growth, low-inflation environment that it's been locked into."

Robert Dederick Chief Economist Northern Trust