More noises about recovery
"This is going to be the mildest recession in post-war history."
- National Federation of Independent Business Chief Economist William Dunkelberg, January 28, 2002
"We're probably a little closer to the end (of the recession) than we are the beginning. There are the signs that we're beginning to turn the corner..."
- U.S. Commerce Secretary Donald Evans, Meet the Press, NBC, January 13, 2002
"We're in the recovery process and we're in the beginning of the positive real growth period.''
- Paul O'Neill, Treasury Secretary, January 9, 2002 (Bloomberg)
"...The economy is giving signals of being near or at the bottom...(whether we are) in the middle of the bottom or right after the bottom is unclear..."
- William McDonough, President, New York Federal Reserve, Ananova, January 8, 2002
"I think there are signs of recovery ... but the recovery is likely to be weak".
- Glen Hubbard, Economic Aide, White House Council of Economic Advisors, Reuters, as reported on Yahoo, January 5, 2002 |
