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After Tough Winter, Economists Look For Economic Spring

Huge banks of snow hindered many potential homebuyers from getting to know neighborhoods and finding parking spaces around homes for sale. In this photo taken last month, icicles hang from homes buried in snow along Itasca Street in Mattapan. (Jesse Costa/WBUR)
Huge banks of snow hindered many potential homebuyers from getting to know neighborhoods and finding parking spaces around homes for sale. In this photo taken last month, icicles hang from homes buried in snow along Itasca Street in Mattapan. (Jesse Costa/WBUR)

Spring begins this weekend. Looking back, a lot of economists say a treacherous winter really took a bite out of the economy.

It was tough on realtors and manufacturers and others. Housing starts fell 17 percent in February, according to IHSGlobal Insight.

But we also saw this happen last year when winter hit hard, and then the economy bounced back in spring and summer.

NPR senior business editor Marilyn Geewax joins Here & Now’s Robing Young to discuss whether the U.S. will see an economic spring in its step anytime soon.

Guest

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