Fastest pace in three months. I think probably the fed needs to be here, but the october number is the one you want to look forward to. Lets get the totals of what we learned today. It is kind of a good news, bad news day in terms of the economy for some we have had one good, one bad, and michigan is kind of neutral. Retail sales of 1. 9 in the month of september, much better than the forecast and much better than the. 6 gain the month before. Retail sales, ex autos also big. Car sales were strong during the month. And then we look at the control group, the part that goes directly into gdp, and that was percent inly up, 1. 4 august. In august it was down by. 3 . A significant boost for retail sales in the u. S. Economy in september. On the other hand, that news on the manufacturing side, Industrial Production falls. 6, a lot of that because airconditioners were switched off, utilities went down. When youre factoring production surprisingly went down by. 3 . That was the bad news for to
Right now on kpix 5 and streaming on cbsn bay area, we are looking live from Solano County right now as you can see unfortunately, a house on fire. New evacuation orders just issued as numerous wildfires burn in several bay area counties this morning. Good morning everyone, its wednesday, august 19th. Im michelle griego. And im len kiese. This morning, wildfires rning in several locations across the area. Are forcing more evacuations. And blackening the bay area with unhealthy air. All the details on the fires in just a moment. But first straight to mary lee for all the latest on the heat and the air quality. Yeah, len and michelle, firefighters will be up against the heat once again. So extreme heat continues. We are not done yet with our heat wave. Looking at excessive heat warnings that remain in effect today due to the dangerous heat. Now lets show you our temperatures. So looking at mid 70s in San Francisco. 83 in oakland and mid 90s in san jose and 102 for concord. So 8 to 15 deg
Care of us and theres others that are elderly. While that was happening. A short period of time. Pg and e was also using voice mail and Text Messages to get the word out. Rolling blackouts are going to be with us at least for awhile. Because there was not sufficient supply to meet the demand in the state of california. The outages mean she, her husband and their three kids are in limbo. Nothing gets done. My husband doesnt work. My kids dont go to school and you know, its right now it is a necessity in life to have our power. If youll lose power today youre less likely to lose it again in the near future. Really the primary factors are how many mega watts need to be taken off the grid and who has already experienced a rotating outage and we try to do our best to make sure that folks that already experienced one do not have enough one. They know people are nervous. One message this morning from pg and e saying possible Power Outages. Mean while, san jose mayor this afternoon blamed the
Hundred and sixty two people lost their lives covered nineteen of the twenty four hours these guys include hundred thirty. People who in that. Call with a pad hit france its c. From the chief health she home selling. Local the van over the law twenty hours to hand and seventy and you have been admitted to any types of cat. Thats a bit more than yesterday however for the six day in a row more people with the stars and then mrs today by ninety one people. It seems off you people intensive care even if they numbers were. But i crazy today. Johnson on the chief medical officer he and the north paris. Of st and any the scene what experts. To just. Number of covered nineteen deaths the reason remains unexplained by doctors. And lists to what a well known. In the Area Charities the stepping up their efforts to meet goals but its okay for. Before you retire this. This. Is located in the paris the sandbox analysis yushin it. By the grace of our pandemic i think he said it damaged almost increas
Matt stocks and freefall. The s p 500 sees its worst session since 2011 and the fastest stock Market Correction ever. 5 trillion in Global Market cap are erased in a week. Virus fears intensify. Cases and south korea to knock 2000 cases in south korea top 2000. Jp morgan joints citigroup and Goldman Sachs in slashing estimates for u. S. Companies, and crude slumps. Oil set for its worst week since 20 11 as well as opecs secretarygeneral says there is a renewed commitment for joint action. A report says saudi arabia wants producers to agree on additional cuts of one Million Barrels a day. Just under an hour away from what could be a bloody day of trading. Futures that i looked at were the worst since at least 2016 on the stoxx 600. Anna good morning. Is this what fear looks like . Markets down by more than 4 . You will see how much scary looking red there is on that screen. Futures in europe down by more than 4 on the cac, as you can see, and expect them to see significant losses. U. S.