This really underscores that just because there's a booming housing market, it doesn't translate into strong economic growth. It suggests that consumption spending has a built-in speed limit to it. You just can't expect to grow very fast. -James Parrott

 

This really underscores that just because there's a booming housing market, it doesn't translate into strong economic growth. It suggests that consumption spending has a built-in speed limit to it. You just can't expect to grow very fast.


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This quote is just one of 3 total James Parrott quotes in our collection. James Parrott is known for saying 'This really underscores that just because there's a booming housing market, it doesn't translate into strong economic growth. It suggests that consumption spending has a built-in speed limit to it. You just can't expect to grow very fast.' as well as some of the following quotes.

This really underscores that just because there's a booming housing market, it doesn't translate into strong economic growth. It suggests that consumption spending has a built-in speed limit to it. You just can't expect to grow very fast.

James Parrott

It certainly disrupted economic life in New York City; there's no doubt about that. But on the business side, I think a lot of it will be made up eventually, some of it right away and some of it more spread out.

James Parrott