Detailed text transcripts for TV channel - MSNBC - 20100430:14:05:00
The strongest showing since 2007. does it last? >> i certainly think we're hoping to see this on a sustained basis. there was a bit of a drop from last quarter. if you remember last quarter had an amazingly high inventory replacement, because stores got inventory so low during the depths of the crisis that they restored it. 3.2% is a major turnaround from the minus 6.5% it was when the president took office. and that 10 percentage point turnaround the president doesn't think is enough until we see sustained positive job growth. this the precursor you must have sustained gdp growth before any r...
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