Signs Indicate Economy Is Rebounding

By Frank Lenzi Published: Aug 20, 2012 at 6:17 AM PDT
Signs Indicate Economy Is Rebounding
A man walks past a screen showing the Hang Seng index at a bank in Hong Kong

Home sales and durable goods orders are expected to rise this week. But the housing market still has a long way to go. ABC's Richard Davies says there are signs the economy is turning around after this spring's slowdown.