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New Data Shows Slightly Brighter Picture for Economy

Morningstar's Bob Johnson says retails sales were better than expected, and industrial production may be truly bottoming out.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Retail sales and industrial production numbers this week showed a slightly brighter picture for the economy. I'm here with Bob Johnson, our director of economic analysis, for his take.

Bob, thanks for joining me.