Sat, 15 Feb 2014
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Even excluding special factors, recent retail sales data suggest we have seen sharp improvement, says Morningstar's Bob Johnson.
With continued government headwinds, lackluster health-care and education hiring, and softness in retail jobs , construction and manufacturing will have to step up to the plate this year, says Morningstar's Bob Johnson.
Retail sales are softening modestly year over year, but lower gas and drug prices should have upside for consumers' spending power, says Morningstar's Bob Johnson.
Although stable prices and tame inflation free up more dollars for consumers to spend, they also broadly underscore the economy's current speed bumps.
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