Kevin Hassett
speaker
2,195 appearances
192 recordings
16 series
first heard Jun 2025
last heard 10 Aug
Kevin Hassett’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 154 in all, peaking in May 2026 with 38.
Appearances
Well, that's actually really...
Clearly in the data, we just had March that was one of the best months ever for capital goods orders.
And so if you get, say, one and a half percent out of that, then you're starting even before you get labor's contribution to growth at four.
And, you know, I think there's been a little bit of pent up demand because of uncertainty.
You see that, for example, when people are worried about energy prices, one of the places that you see it is that they hold up buying a new car.
because they're not sure whether they want to get the truck that's their dream car but has low miles per gallon or whether they need to get like the Prius or a hybrid that has high miles per gallon.
They're really worried about the cost of gasoline.
And what happens is that purchases of automobiles drop a lot when that happens.
And we're seeing that in the data right now.
But imagine if this is resolved, people have clarity, they make the decision based on what's best for them.
All that kind of pent up demand is going to be layered on top of the numbers that I talked about.
So I really do think you could see a quarter like that.
And it's not unprecedented.
The last time we saw an economy that looked like this was in the 90s, when all of a sudden the Internet was changing everything.
Yeah, I mean, absolutely.
The price of gas has got to come down.
We've got to continue to do things like make sure that all the grocery stores aren't closing because of stupid rules about refrigerators.
We've got to do all of the above to get prices back down.
We are 100% concerned about affordability.
But we're doing micro things and macro things to make sure that inflation goes down.
Showing 781–800 of 2,195 · page 40 of 110
← Previous
Next →