Earnings Call Transcripts by Morningstar Inc.
Wed, 27 Jul 2011
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The labor market may not be as strong as ADP's December numbers suggest, but it's still on an upswing, say Morningstar's Bob Johnson and Vishnu Lekraj.
Friday's employment report suggests that businesses are being more cautious in their hiring than what broader U.S. economic growth would call for .
Morningstar director of economic analysis Bob Johnson addresses recent sluggishness in the economy and makes the case for better growth in the second half of the year.
Looking past the month-to-month volatility in retail sales reveals a trend of slow, tapering growth, with some hope for improvement in the months ahead.
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