Nov. 24 (Bloomberg) -- Ethan Harris, head of North America economics at Bank of America-Merrill Lynch, talks with Bloomberg's Mark Crumpton about the outlook for the U.S. economy and housing market.
The U.S. economy expanded less than initially estimated last quarter as consumer spending trailed forecasts, raising concerns about the strength of the recovery. Home prices in 20 U.S. cities rose for a fourth straight month in September, pointing to improvement in real estate thats helping the economy emerge from recession. (Source: Bloomberg)
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