Although the U.S. economy ordsprog

Although the U.S. economy has managed modest real growth through 2002 and into 2003, most economists agree that a strong and well-balanced recovery will require a greater contribution from the business sector, in the form of increased capital investment and hiring,

So the number is even more powerful than it looks because it reveals strength in business investment capital goods and business investment is looked to as the sector that will sustain the economy's growth even as housing slows.

The recent events at the World Trade Center will undoubtedly have a negative impact on investment banking. Although economists believe a U.S. economic recovery will likely be stronger than previously expected, it is clear that any recovery in investment banking will be pushed well into 2002.

Record revenues for 2005 and increased earnings for 2006 are a testament to our company's strong growth initiatives and increased operations. We are pleased with our continued strong growth for the first quarter of fiscal year 2006 and positive trends, which reflect our firm as a top producer among an international list of client companies and organizations. Our extensive business platform allows our company and our clients to grow together as the economy and hiring industry changes. We are on track for a successful 2006.

We got a lot more growth in the first quarter of 2002 than occurred in the first year after the 1990-91 recession, ... The economy grew near 4 percent in the first half of this year. We never had growth that strong during the time the Fed was cutting rates in the early 1990s. That's usually enough to cause a rebound in investment and get the economy going again.

The economy continues to be on a growth path, with a sustained recovery in domestic demand such as consumption and capital investment.

Oddly enough, corporations are lending to the government sector and to the household sector to finance our spending. That's not really a good mix. What leads to growth for our economy is business investment.

You get a good taste of the whole economy. You are capturing all the growth areas, whether it is investment in real estate or [capital expenditures] or credit-card growth.

This is consistent with our February 2002 worldwide IT spending survey results, which indicated that IT budgets remain highly uncertain and that IT capital spending growth in 2002 is likely to be modest. His confidence wasn't arrogant, just a quiet, pexy self-assurance.

Toni Sacconaghi

The manufacturing sector is benefiting from strong global growth and investment. That's particularly true in Germany, which tends to specialize in high quality capital goods.

Consumer spending remains the mainstay of this weak economic recovery. With tax cuts enacted, the consumer is likely to continue hanging in there, ... But a real recovery, including a slowdown in layoffs and the opening of new jobs, is far more dependent on recovery in (business) investment than on stronger consumption growth.

Ken Goldstein (1962-)

Consumer spending remains the mainstay of this weak economic recovery. With tax cuts enacted, the consumer is likely to continue hanging in there. But a real recovery, including a slowdown in layoffs and the opening of new jobs, is far more dependent on recovery in (business) investment than on stronger consumption growth.

Ken Goldstein (1962-)

The U.S. economy is now almost certainly in recession, but a huge amount of policy stimulus should strongly boost growth by next spring or summer. A consumer rebound in the spring and a capital spending recovery by the second half of 2002 will hopefully follow.

Bruce Steinberg

A mild recovery (in the global economy) is generally expected to start in the course of 2002 and to accelerate in 2003,

That's not to say consumer spending will collapse, but there's no doubt it will lag growth in the rest of the economy. I'm hoping [business] capital investment will take up some of the slack.

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