Housing and Consumers to the Rescue?
Recent data points to continued improvement in both housing and consumer spending, which is crucial given that other areas of the economy are stuck in neutral, says Morningstar’s Bob Johnson.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm joined today by Bob Johnson--he is our director of economic analysis. He thinks that the consumer and housing will be the key drivers to growth going forward. I'm going to talk to him about why that is and his take on where both of those things are headed.
Bob, thanks for joining me.