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Momentum's on the Side of the U.S. Economy

Looking past volatile trade and inventory data, we see upside for consumer and business spending in the second half, says Morningstar's Bob Johnson.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Second-quarter GDP growth was revised upwards to 4.2% from an initial reading of 4%. I'm here with Bob Johnson--he's our director of economic analysis--for a closer look.

Bob, thanks for joining me.