Jan. 10 (Bloomberg) -- Jason Schenker, president of Prestige Economics LLC, says that for 2013, the U.S. economy will have "modest growth and modest improvements that we see continuing in the labor market, in the housing market and in the gross domestic product in general." Schenker speaks with Bloomberg's Joe Brusuelas on "Bloomberg On the Economy." They are joined by Michelle Meyer, a New York-based senior economist at Bank of America. (Source: Bloomberg)