Where Are The Toys We Buy Manufactured?

Millions of kids are playing with new toys this Christmas Day. The National Retail Foundation estimates that the average American spent about $637 on holiday presents last year — the lion's share on toys and electronics.

Here & Now's Jeremy Hobson talks with Matt Townsend (@matt_townsend), who covers the toy industry for Bloomberg, about where those toys come from and how the industry is doing ahead of the new year.