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Some Winds Shifting in the Economy

Morningstar's Bob Johnson outlines what changes in services versus manufacturing, high-end versus low-end retailing, commodity prices, and business spending could mean for the economy in 2012.

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Jason Stipp: I am Jason Stipp for Morningstar.

Although all eyes have been on the eurozone recently, we've noticed some interesting trends here at home in the economic data. Here with me to dig into those trends and what they might mean for GDP and inflation in 2012 is Morningstar's Bob Johnson; he is director of economic analysis.

Jason Stipp does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.