John McDevitt and The State of the Economy – Part 2 (21:04)
November 18, 2006—John McDevitt, former 3M corporate economist now semi-retired, in the final part of a two-part series, looks at the state of today’s economy, discussing consumer and retail spending going forward, his expectations for oil and raw materials prices in 2007 and beyond, Ben Bernanke and the Fed and the factors he will key in on as signals of a worsening economy.