Flooring Interviews

John McDevitt Analyzes the Economy

John McDevitt Analyzes the Economy

August 15, 2004—John McDevitt, former 3M corporate economist discusses the state of the economic recovery, Fed chairman Alan Greenspan’s “spot patch” comment and the anticipated length of that “soft patch”. McDevitt also evaluates energy price increases and when their upward spiral may end and he also discusses GDP growth and job creation.