News Analysis with Eddie Arruza
Earlier this week Federal Reserve Chairman, Ben Bernanke declared that the worst of the recession is over. But new economic data released today showed that retail sales fell unexpectedly in July. Is a recovery underway or not? Eddie Arruza and his panelists take the pulse of the economy.

Guests:

• Terry Savage, Chicago Sun-Times financial columnist
• Thomas Mondschean, economic professor at DePaul University
• New York Times: Despite Cash for Clunkers, retail sales decline in July (08/13/09)