Warren Buffett Quotes

I used to boast that Whole Foods was sort of recession-proof. And obviously I've been proven wrong. So I'm not boasting about that any longer.

Clearly, high energy prices will have a large negative effect on the California economy and could possibly drag the rest of the nation into a recession.

Even if consumer confidence hit rock bottom, that most likely would not be enough, by itself, to cause a depression.

Unfortunately, since the Sept. 11 tragedy, our business is not doing too well.

Certainly, 9 percent unemployment and very slow growth is not a good situation.

The year 2013 has been very difficult, with a lot of headwinds in almost every region and every business.

Uncertainty is killing this economy.

We women make the lion's share of household purchases in this country. We ourselves drive billions of dollars a year in sales.

History shows that tax increases during a recession are a recipe for greater unemployment and economic loss.

The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.

The payroll tax is affecting sales. It's causing sales declines.

Since President Bush took office, we have lost 3 million more good jobs.

When the economy is bad, the economy is the only issue.

I think that this is the most significant financial crisis in the post-War period for the United States, and it has in fact a global reach.... I think it is extraordinarily important to understand that, as we have seen in many previous examples of different countries and different times, choking up of credit is like taking the lifeblood away from the economy.

As homeowners see the value of their homes decline, they become more likely to delay purchases of the big items - like automobiles, electronics and home appliances - that are ballasts of the American economy. When those purchases decline, large manufacturing firms, suddenly short on funds, could begin laying off employees.

This is the paradox of thrift: belt-tightening causes people to lose their jobs, because other people are not buying what they produce, so their debt burden rises rather than falls.

Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered.

I can't see the film industry coming to a grinding halt any time soon. I think we may be more open to negotiations and things like that, but I think the art world tends to thrive in times of recession.

Brexit is for the richest in our country: they can afford recessions.

I always think people vote with their wallets and their pocketbooks.

When you feel house poor, you don't buy anything. Housing immediately impacts the job numbers because there are so many housing-related jobs within the industry, and in adjacent industries.

Two of our biggest stores are in Dallas NorthPark and Houston Galleria, where the economy and our customers' business interests are heavily dependent on the oil and gas industry.

History has shown that even in a recession, consumers go to shows.

The Bank of England's Carney is worried the shock of Britain's vote to leave the E.U. could cause households and businesses to temporarily halt spending, which could stop the economy and even spur a recession.

The coronavirus is having a devastating economic impact on states.