We actually think that we're being somewhat optimistic in saying we don't see it spreading beyond that. There will be weakness in retail, for sure, and in manufacturing. But not widespread losses.

Edward Leamer

Related Quotes

If you factor in a slowing economy the number would be larger. The ultimate decider of whether you can make your mortgage payment or not is your job.

— Edward Leamer

People moan and groan, but they still go to the pump and fill up their big SUVs.

— Edward Leamer

People moan and groan, but they still go to the pump and fill up their big SUVs,

— Edward Leamer

Some jobs in manufacturing might well disappear as a result of weakness in housing, but this may be offset by jobs brought home or not lost to foreign competition.

— Edward Leamer

JobsManufacturingWeakness

We expect housing to start slowing the economy this quarter or the next.

— Edward Leamer