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  • Stores don't order merchandise unless they think they can sell it right away. Manufacturers and builders don't produce unless they have buyers lined up. My business contacts describe this as a paradigm shift and they believe it's permanent.

    Janet Yellen
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    "The Outlook for the Economy and Monetary Policy". Janet Yelle's Speech to the Burnham-Moores Center at the University of San Diego in San Diego, California, www.frbsf.org. February 22, 2010.
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Stores don't order merchandise unless they think they can sell it right away. Manufacturers and builders don't produce unless they have buyers lined up. My business contacts describe this as a paradigm shift and they believe it's permanent. - Janet Yellen
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