what comes of the presence work on the economy and inflation he s upside down by a wide margin and religious polling. so where and for getting the message? clearly they don t feel this is working for them at home. i thank you so much of what is going on in inflation gets it down for the trip to the supermarket and the trip to the gas station. now i think if you ask people how they feel about paying over $5 of gas in mid june and a well under $4 now i think is about $3.89 in nationally. so some significant population therefore they say they feel pretty good about that. this unequivocal bull the president s fingerprints are on that decline in part because of the release of oil from the reserves. were doing what we can in the food space. i think another reason another way to answer your question is that some of that happens is getting back to normal which consumers don t always recogni
group i m talking about. retail sales payroll employment, consumer spending, industrial production all of those have not been flashing red all those are not in recessionary territory for your asked me too look around the corner and say where the economy is going to be have got to tell you everyone s crystal ball is a bit correct right now. i think the uncertainty out there makes it tough let s talk about energy which is so key here. you mentioned here yourself. in this consumer price report were prices were no question elevated to a point family budgets are squeezed. gas was down 5%. in fact the price of gas and fell about one third in the third quarter of this year. now, remember it peaked out north of $5 a gallon last scene it was $3.89 i know i checked this morning. shannon: so did i. is 14 states with the gas of 350 or below. that is in progress and it relates to present boyd s release of oil from a strategic reserve. state how long it would do that affording bones of burials at
group i m talking about. retail sales payroll employment, consumer spending, industrial production all of those have not been flashing red all those are not in recessionary territory for your asked me too look around the corner and say where the economy is going to be have got to tell you everyone s crystal ball is a bit correct right now. i think the uncertainty out there makes it tough let s talk about energy which is so key here. you mentioned here yourself. in this consumer price report were prices were no question elevated to a point family budgets are squeezed. gas was down 5%. in fact the price of gas and fell about one third in the third quarter of this year. now, remember it peaked out north of $5 a gallon last scene it was $3.89 i know i checked this morning. shannon: so did i. is 14 states with the gas of 350 or below. that is in progress and it relates to present boyd s release of oil from a strategic reserve. state how long it would do that affording bones of burials at
what comes of the presence work on the economy and inflation he s upside down by a wide margin and religious polling. so where and for getting the message? clearly they don t feel this is working for them at home. i thank you so much of what is going on in inflation gets it down for the trip to the supermarket and the trip to the gas station. now i think if you ask people how they feel about paying over $5 of gas in mid june and a well under $4 now i think is about $3.89 in nationally. so some significant population therefore they say they feel pretty good about that. this unequivocal bull the president s fingerprints are on that decline in part because of the release of oil from the reserves. were doing what we can in the food space. i think another reason another way to answer your question is that some of that happens is getting back to normal which consumers don t always reco
all right. let s get a check on cnn business this friday morning. looking at markets around the world. markets in china are closed for a holiday. europe has opened slightly higher here. wall street stock index futures are really mixed. it was another choppy day in the stock market yesterday. in the end the s&p and dow fell by more than 1%. the big question now, will the jobs report today show the fed s medicine is working and red hot jobs growth is starting to cool. the u.s. economy forecast at 250,000 jobs. that would be strong by historical standards but down from august. the unemployment rate is expected to hold steady at 3.7%. weekly jobless claims remain historically low underscoring how employers are holding on tightly to employees. gas prices climbing just over 2 pennies at $3.89 a gallon as opec cuts production by 2 million barrels. the critical thing is slowing job growth. that s what the fed wants to see in its crusade to rein in