John Connaughton, Director of the Babson Capital Economic Forecast, has joined us every business quarter this year to forecast the months ahead and to look back at the year so far. This quarter we'll look back over the whole year as well as taking a peek into economic health for North Carolina in 2013. We'll also look at how the fiscal cliff issue may affect North Carolina directly and whether Dr. Connaughton thinks a second recession is looming or whether we are on the road to recovery. Our economic year in review and a prediction of things to come, when Charlotte Talks.
John Connaughton - Babson Capital Professor of Financial Economics and Director of the Babson Capital Economic Forecast