Knew well, about to be bathed in a different light. Its true. People are more aware of the death. Bridge and it brings Something Special to it. That is how long they keep permits value yismd by this installation being temporary there is a quality to it. Only by being temporary can a piece of art become legendary. Wayne freedman abc 7 news. Thank you very much f you dont want to risk getting wet you can just watch it live online. Well stream it at abc 7 news. Com leaders gathered with police to announce recovery of an 800,000 jewelry box stolen in january from the museum of california. They have a suspect under arrest. Laura anthony is live with the latest for us. Laura . Well, box is back. The museum folks told us today theyre confident they will be able to protect it. At least better than newscast. That is nice. Two months after valuable box was stolen from the museum of california, he a trio walked back into the building. Torkd history was restored to the city of oakland and state of
Prerecession level of Household Wealth respondent righthand side there, you see the retail fails and personal number are hanging in there and that aught to support a halfway decedent growth in Consumer Spending and that is what this is showing here may be two growth in securelier spendings and so you get some help from construction sector and Consumer Spend something and what about businesses what role do they play in this, gdp growth in the future to the expend it has and this is a look at cash on hand and the point point is that businesses are swim swimming in cash but not spending it. And this is a look at business spendings and what you find is that in the early part of this recovery when consumers were you know, hiding under their beds and you know worried about the recession it was businesses that were really spending rather aggressively they had just laid off 8 Million People and looking for ways to become more productive through the implementation of the better use of it can te
Dan class man some 14 year ago really came up with this idea, we sat down over lunch and there was another person involved allen cline knelt and which came up with this idea and so i have to give dan much much credit for that. applause . Very much so. And in 2012, cornish and carey, dominated the area of commercial real estate with over 6 billion in leasing and Sales Transactions so very good there. And you are soon going to hear from dan and he is going to give us that a good look at sort off what real estate activity look like here in the bay area. So in addition, to cornish and carey new mark night frank, help me thank our generouses for bringing you this program they are Golden Gate University and ill tell you they prepare the most work ready profiles that professionals that you are going to find and we so much appreciate our partnership with Golden Gate University and thank the president dan angel for delivering those shining graduate to businesses throughout the bay area and if y
401 ks have come back and so in 2013, we are probably back to prerecession level of Household Wealth respondent righthand side there, you see the retail fails and personal number are hanging in there and that aught to support a halfway decedent growth in Consumer Spending and that is what this is showing here may be two growth in securelier spendings and so you get some help from construction sector and Consumer Spend something and what about businesses what role do they play in this, gdp growth in the future to the expend it has and this is a look at cash on hand and the point point is that businesses are swim swimming in cash but not spending it. And this is a look at business spendings and what you find is that in the early part of this recovery when consumers were you know, hiding under their beds and you know worried about the recession it was businesses that were really spending rather aggressively they had just laid off 8 Million People and looking for ways to become more produc
Various drivers of that and the first case is that residential construct construction is going to help and that is what got us into this mess so it may seem counterintuitive this is the most macro measure i can use to show the residential activity across the country and obviously this fell off the cliff during the recession and has not meaning fully retraced ground during that time period what might be useful is to think about if this is the demand for new homes what is the real im sorry the supply of new homes what is the demand for it how many new homes do we really need and nor to get a sense for that i look at this data series from the United States Census Bureau and this is house of information and if you are young couple getting a first house or an individual whos you know, living in school and getling their first detriment ask a forms the horizontal line going through there is the average from 1961 to 2,000 and leaves out the last deck a i did ask so it says how many newer homes