Quick Quotes for'gg

A random samplinq of ideas and opiniots

By this time next year, "the economy should be in a solid recovery - one that should last at least for another tbree or four years."

Richard F. Hokeson Economist

Donaldson, Lufkin & Jenrette Securities Corp.

"The recent spurt of post-hurricane rebuilding in Florida and Hawaii wasn't enough to pull the (construction) industry out of its slump."

Douglas P.Ilandler Econometric Analysis Manager Dun & Bradstreet Corp.

"I just hope that he (Clinton) and his Democratic cohorts in Congress remember that only the private sector ciur create long-tenn, survivable jobs."

James L. Vincent Chairrran Biogen Inc.

"Yes, things are improving, but there are still patchy spots."

Rosalind Wells Economist NPD Group

"Higher int€rest rates in the near term will impede the recovery in the interest sensitive housing sector. However, a revival in income growth (which will occur in 1993) and/or a more upbeat consumer will push the housing market from the 1.20-1.25 (million) levet to the 1.30-1.35 (million) level by mid-1993.'

Resource Information Systems Inc.

"I wouldn't say we should bring out the party horns and start celebrating (refening to cunent retail sales figures)."

James Chessen Chief Economist American Bankers Association

"If you don't feel crazy, you're not in touch with the times!"

Tom Peters Author of /.iberation Managemcnt

"It is essential that the bank loan markets be restored to a semblance of vigor if adequate financing of overall growth is to re-emerge."

Alan Greenspan Federal Reserve Chairman Washington,

D.C.

"The economy will grow l.2%o in the current quart€r and c91ti13e..to rise slightty in 1993, wirh first quar-ter growth of 2.3Vo;'

The Congressional Budget Oflice

Washington, D.C.