Delos Smith Quotes

Found 52 quotes by Delos Smith .
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"There are absolutely no price pressures in our system." Delos Smith
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"Consumers had a nice July and August. Unfortunately, they're on their own for the fourth quarter, which starts on Wednesday. Going into 2004, spending is going to be based on wage and salary growth, which needs a boost." Delos Smith
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"A lot of people don't read newspapers, and we don't have 24 hours a day of CNN, MSNBC and Fox just pounding you with war news." Delos Smith
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"Does that have economic implications? To me, the answer is yes. In a sense, we have to wait for recovery until this group wants to sleep with each other again." Delos Smith
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"It's the biggest market we have, because people don't live in empty houses." Delos Smith
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"The current average price of $1.90 a gallon is still about 40 cents higher than the level a year ago. So the effect of higher prices will be felt for some time." Delos Smith
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"Besides the political issues, retailers interested in India have to understand the cultural differences and sensitivities. Ultimately India's still a very complicated world for Western companies to understand." Delos Smith
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"I see robins and the grass coming up and all kinds of nice signs. But it has to be proven." Delos Smith
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"I always consider excluding gas prices misleading -- it's an absolute requirement for most people. Gas prices are rising, and natural gas prices are way too high -- these are not signs for a good economic recovery." Delos Smith
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"The uncertainty is there. It's dissipated, but it's just below the surface and can be rekindled. It plays a part in an economy full of very nervous people." Delos Smith
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Economy    Uncertainty   

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"We haven't yet seen the negative effect of gas prices on consumer spending. It's certainly not here in these numbers. That doesn't mean it's not there. Certainly the weekly retail sales numbers have been sluggish." Delos Smith
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"The five percent drop is shocking. It indicates that perhaps the consumer tax rebate stimulus that benefited retailers during the back-to-school season has petered out." Delos Smith
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"I'm glad the rest of the world thinks [Tuesday's data are] happy news, but I don't. Two of the indicators - interest-rate spread and money supply - are controlled by the Fed. If we'd used our own [sentiment index], the total index would be down." Delos Smith
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News   

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"In May of last year, it was 87.1. In fact, before September, the highest it got was 94. Here it is sitting at [about] 110. That's very encouraging and positive. It's telling us the consumer is comfortable and thinks the economy will continue to look a lot like it is at this moment, and that's not that bad." Delos Smith
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"The economy is generally chugging along. From the consumers' perspective, jobs remain an important issue. Consumers will also be keeping an eye on gas prices and what happening on the global front in terms of terrorism." Delos Smith
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"It was quite sensational. But any time we get numbers this big, you've got to be suspicious. The monthly report was good but [Tuesday's] weekly chain store sales reports showed some weakness. Let's see what happens in April." Delos Smith
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"We're going to see people trimming their expenses here and there. They probably will not eat out as much or go to movies as often as they normally would. So restaurants and theaters are also vulnerable." Delos Smith
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"This is not a very pretty picture. The higher gasoline prices had more of an impact that most had expected." Delos Smith
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"We had a very good year in 2005. But it was a nervous world." Delos Smith
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"There are parts of the world that are in darkness and that concerns me." Delos Smith
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"The PPI is just perfect. This is just what we wanted." Delos Smith
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