Timothy Homan talked about the economic situation in March 2012, such as the addition of 120,000 jobs and a drop in unemployment to 8.2 percent. Mr. Homan discussed what those economic numbers actually mean, the process of how those numbers are attained, and why some economists feel there were not as many jobs added as expected. He responded to telephone calls and electronic communications.
A video clip was shown of Housing and Urban Development Secretary Shaun Donovan being interviewed the previous day about housing construction on the “Newsmakers” program.