Flooring Interviews

John McDevitt on the Economy

John McDevitt on the Economy

October 24, 2005—John McDevitt, former 3M Corporate Economist now is semi-retirement discusses the new Fed chairman nominee Ben Bernanke and the current state of the economy as he shares his thoughts on the prices of petroleum products, natural gas and chemicals, the affects they are having on the economy and where these prices will likely be in the future. McDevitt also looks at the US dollar, the housing and commercial construction markets for 2006 and the danger zones to watch for in 2006.