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Weak Retail Sales Data Not as Bad as It Seems

Weather and other factors have caused retail sales to bounce around, but on a year-over-year basis consumers are still doing OK, says Morningstar’s Bob Johnson.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. We had some weak data this week, and I'm here with Bob Johnson, our director of economic analysis, to see what it means for the state of the U.S. economy. 

Bob, thanks for joining me.