Thanks very much. We have a puzzle here. I have the rapid update of gdp in the Fourth Quarter but the data which leads to a downgrade also makes economists optimistic. Here is the data. Q4 tracking 2 . That is down 0. 3 because of the data this morning. Q3 gdp 2. 1 . Thats tracking right now. Here is the Fourth Quarter outlook. Bank of tokyo mitsubishi at the high end at 2. 8 . Goldman sachs, barclays at 2 . Atlanta fed gdp, 1. 8 . Morgan stanley at 0. 9 . Here is the data that brought down the growth forecast despite the down grades though some see reasons for optimism for the Holiday Shopping season. Jobless claims ticking down 12,000 to 260,000. Thats back in that low range weve had before making people optimistic about consumers have jobs for the Holiday Season. Durable goods up better than expected, 3 , and here is the big numbers here. Personal income up 0. 4 but spending doesnt keep pace. Up just 0. 1 which can only mean one thing. The savings rate ticks up. 5. 6 . So whats the
Good morning, welcome to al jazeera. The jury in the Boston Marathon bombing trial will begin deliberations. Dzhokar tsarnaev faces 30 counts including several that could lead to the death penalty. The defense tried to persuade the jury that he was manipulated by his older brother tamerlan. The words lawyers used in closing arguments monday were consistent repeatedly referring to the now 21yearold Dzhokar Tsarnaev as a kid or teenager under the influence of his older brother. The prosecution repeated the assertion over and over again that the tsarnaevs were a team and partners in the Boston Marathon bombing that killed three and injured 260. Besides words the prosecution relied heavily on images of the 2013 attack during their 90 minute remarks during which some of the courtroom wiped away tears. Tsarnaev faces 17 counts which could result in death. The prosecution hopes they buy their argument. Hes expected to be found guilty because his lawyer admit his involvement but this Defense S
Kpix5 mark kelly is here, how oakland is going to help. Reporter the sign reads right tourism, visit oakland. They will show you which block to trash. That is in reference to the mayor and the police chief. The city needs to protect them. Reporter pete says the vandalism that happened last weekend a peaceful protest that evolved into this anarchy does not scare him away from living in oakland but can scare the businesses. They keep getting their windows smashed in and they will have to keep paying more for insurance. They are going to leave and take those jobs with them. Reporter preventing this sort of vandalism still it happened and a week later the mess still around, too. What is it doing to the businesses here . Slowing them down a little bit. Reporter the Mayors Office says it is working as quickly as possible to get the businesses looking good again. That includes every business having an assigned person in city hall to answer questions. Putting off permit fees and securing grant
Some Maintenance Work as well. Total closure time just short of 55 hours and drivers should notice a quieter smoother drive. Joining us now is bob house to tell us about that concrete. You are you were saying some kind of polyester blend right . Thats right. Its something we developed about 33 years ago, its called polyester concrete. And we used polyester basically plastic as the part of the concrete. That way its lighter and its also much more durable. Its going to last a good long time. And were going to need that because the traffic levels today are much higher than they were when this bridge opened back in 1967. So having that good durable surface is very important. Reporter compare and contrast the ride before and after this new repaving work here. Well you know, the the asphalt coating, the surface out there, was original from 1967. So its 48 years old. It was getting very, very ratty and lot of alligator cracking. And people were noticing it so it definitely was time after 48 y
Total closure time just short of 55 hours and drivers should notice a quieter smoother ride thanks to a special type of polyester concrete blend. Lighter and its also much more durable. Its going to last a good long time and were going to need that because the travel levs are levels are much higher today than when the bridge opened back in 1967. Having that good durable surface is very important. Reporter check out the time lapse video of massive delays on the detours on other bridges over the weekend. Drivers were told to take the detours on the dunbarton or the bay bridge and boy did they ever. The bay bridge toll plaza had massive delays all weekend long. So back to a live look here at chopper 5 only a section of the san mateo bridge was repave. Specifically were talking six lanes of a one mile section that had a lot of bumps and cracks in it. By the way caltrans will needs to shut down the bridge and do this all over again memorial day weekend. Were live in hayward, kiet do, kpix 5