 the number of people in the economy and all this stuff, but who knows. Last week we talked, I said a lot about the business cycle and how construction spending has been holding it up. Why don't you just briefly review that, Raoul? What did EPB research come to the conclusion on why the economy has held up so much better than a lot of economists thought it would, given what's going on? Well, ECB says that the leading indicator has been down for 20-some months.