Be a net subtraction from Economic Activity in 2009, 2010, 2011. Finally in 2012, housing began to contribute. It contributes to through the pickup of home sales, Housing Starts and floated through residential fixed investment. Fourth quarter, residential residential fixed investment contributed about 0. 4 of overall and gdp growth or helped it be less negative. What we were expecting to see is we would see a bigger role for housing in supporting Economic Growth in 2013. We are expecting 2013 housing for residential fixed investment will contribute close to half a percentage point in overall gdp growth. I am in the same vote. I am not overly concerned about the reading. I was concerned about inventory levels throughout the supply chain. Something we will we were hearing from the members, other customers and of course a showing up in sales ratios. A big chunk of the negative was a destocking, if you will, in the supply chain. While the purchase trucking and many of our numbers were off
Is what citizens aspire to. They want more solidarity at the international level. You have heard the broad range of views supporting broad intervention in mali. However, we cannot abandon all made but cannot defend only the interests of one state and we need a comprehensive plan for europe. This is what were doing it with a changing europe scores. Budget negotiations on the multiannual framework are a test of that solidarity where our credibility is put to death protest. Put to the test. I would like to say that for our group, it is known as well. It was not a policy of the empty chair. You have to take your responsibility. You have to discuss the issues so that we can have a budget that corresponds to the policy that we have voted on. As for the Financial Framework, we need to set that out for young people to guarantee employment. That is why we have a budget, a budget for investment and a pooling of our resources, which is not just about the constitutional budget. We need other resou
Of the Union Address, Vice President biden is meeting with Law Enforcement officials in philadelphia about reducing gun violence. While victims of gun violence, like former congresswoman Gabby Giffords, takes a stand. We have a problem where we shop, where we pray, where our children go to school. Take it from me. Congress must act. And this hour president obama will be awarding the medal of army to Staff Sergeant clinton for courage under fire in afghanistan. He is only the fourth living recipient of the militarys highest honor for service in iraq or afghanistan. Good day. Im Andrea Mitchell live in washington. A stunning announcement this morning from rome. Pope benedict xvi is abdicating his office. Joining me now is ann thompson, lee at st. Patricks cathedral in new york city, of course, and nbc vatican analyst George Weigel is here with me, and we begin with claudio. You were shocked by this. People in st. Peters square didnt even know that it was happening. Tell us what happened.
Thompson who would have turned 26 years old today. Sergeant michael s kru sa. Sergeant joshua kirk. Sergeant christopher griffin. Staff Sergeant Justin giagos. Staff Sergeant Vernon martin. Sergeant joshua hart. Specialist stephen mace. Each of these patriots gave their lives looking out for each other. And in a battle that raged all day, that brand of selflessness was displayed again and again and again. Soldiers exposing themselves to enemy fire, to pull a comrade to safety. Tending the each others wounds. Performing buddy transfusions, giving each other their own blood. And if you seek a measure of that day you need to look no further than the medals and rib bobs that grace their chests. For their sustained heroism, 37 Army Commendation medals. For their wounds, 27 purple hearts. For their valor, 18 bronze stars. For their gallantry, nine silver stars. These men were outnumbered, jut gunned and almost overrun. Looking back, one of them said im surprised any of us made it out. But th
Zoirnkts right now on Andrea Mitchell reports live pictures from vatican city. Where Pope Benedict xvi shocked the world today and some of his closest advisors announcing he will step down as the leader of the 1. 2 billion roman catholics at the end of this month. He will be the first pontiff to abductate in 719 years. Today signing a lack of strength. The pope said i have had to recognize my incapacity to adequately fulfill the ministry entrusted me. Reactions are pouring in. I think Pope Benedict xvi legacy is his engagement of faith with the modern world. I feel particular a particular bond with him and a note of sadness, to be honest with you. On the other hand, my appreciation for him, which was already high, is enhanced a bit because with the sense of realism that he has such an esteem for the office of the successor of st. Peter, which is what the pope sshg the bishop of rome, the successor of st. Peter, he says, you know, i may not be up to it now, and perhaps i can best serve