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A trader sits on the floor of the New York Stock Exchange. (Chris Hondros/Getty Images)

Assessing the state of the economy

Broadcast: Midday, 03/14/2008, 11:00 a.m.

St. Paul, Minn. — Consumers are spending less, unemployment is climbing, the credit crunch is complicating matters, and energy prices are at record highs.

Meanwhile, top policymakers in Washington have proposed reforms to toughen rules for mortgage brokers, lenders and credit agencies. Midday examines the latest news on the economy.

Guests

Chris Farrell: Minnesota Public Radio's chief economics correspondent.

Dan Laufenberg: Chief economist for Ameriprise Financial.

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