Continued to remain subdued. The beige book gave us perhaps a hint of one explanation for why that is. In cases where there is Wage Inflation or higher input costs, the firms say, and materials, a law firms are still reluctant to pass that on. It is a very interesting line from beige book. Several districts noted increased manufacturing input costs, but in most cases, these werent passed through to selling prices. That underscores a theme weve seen for some time now, where companies in the u. S. Simply lack the Pricing Power they used to have. When their costs are going up, they are very reluctant to pass them on to customers. A couple last notes about impact from the storms we saw a earlier. Dedicating part of the u. S. , some good news in bounceback. Whatallas fed reporting they called notable strength in ,anufacturing, hiring numbers and indeed, some of the bounceback is showing up in districts as far field as the chicago district, which reported increased demand for construction ma
Today, we ask our washington journal viewers what is your level of trust. He can also reach us on social media on twitter and on facebook. The Washington Examiner breaks down the gallup poll about the level of trust in the news media. It says the media is taking it on the chin in the area of fake news. According to gallup, less than three in 10 americans have confidence in tv news and newspapers and that is better than last year. 27 havetest survey, confidence in newspapers. For tv, it is worse. 24 percent. From a long range perspective, confidence in newspapers hasnt been high at any point for the past 30 years. In 1990. St was 39 the 27 who have confidence this year is the highest recorded since 2011. Gallup said. A little more from gallup on those numbers, gives a little explanation about what is happening. The bottom line according to gallup is despite recent discussions about fake news and suspicions about the motivations of newspapers as well as tv and internet news, americans co
You saw the president s rsvp by tweet this weekend. We were surprised. I wasnt expecting to hear that, certainly at least at this moment, two months before the dinner. But the dinner will happen, whether or not President Trump decides to come. And the importance of that dinner has not changed. We celebrate the First Amendment. At that dinner, we also give out awards to members of the association and journalists who have done terrific journalism over the last year and we give out scholarships to the next generation of our profession, to students who come to the dinner who receive those. All of those things are the reason that we celebrate that dinner. Its not a celebration of the president. Its a celebration of journalism. You said the reason wont change, but will the tone change this year . Yes, yeah. The tone will change. Were not naive to the fact that a lot has happened under the new president in terms of the the rhetoric that he has used with regard to journalism. That said, the Co
Senator Amy Klobuchar is expected to kick off a farm on legalic equality and principles. She is a member of the Judiciary Committee which is scheduled to hear from President Trump spec for the Supreme Court neil gorsuch next tuesday. The senate is scheduled to gavel in later today, 2 00 eastern ofe, debating the nomination the head of medicaid and are services. The house changing it scheduled for the week because of the snowstorm expected in washington, d. C. They gambled in for a brief pro forma session and they will be out tomorrow. Center forto the American Progress, i am the executive Vice President of external affairs. Im so delighted that you could join us today. In our recent report reviving it highlighted the idea that the economy has grown more consolidated with more power be good time concentrated in the largest firms in america. This is in no small part of the conservative assault on both government and the middle class. This assault has played out not just in the courts, bu
Welcome to the center for American Progress, i am the executive Vice President of external affairs. Im so delighted that you could join us today. In our recent report reviving antitrust, it highlighted the idea that the economy has grown more consolidated with more power be good time concentrated in the largest firms in america. This is in no small part of the conservative assault on both government and the middle class. This assault has played out not just in the courts, but in antitrust enforcement practices of the department of justice, the federal trade commission, and at a wider range of federal regulators and in the halls of congress, where the view that big meant more efficient, has dominated for far too long. Since the early 1980s, conservative legal thinking embodied in robert bork and antonin scalia, has sought to dismantle the ability of government to protect consumers, workers, Small Businesses, the environment, people of color, basically all of us ordinary folks, from the