lecamp, senior vice president of macro advisers and host of money sense on dallas talk radio, outside the big dome there. hello to you, jim, i bet you re glad to be in that part of the world now, a lot of fun. well, i am, alex, but it s just as cold here as it is up there. i got to tell you, it s wreaking havoc on the economic impact of the super bowl. we ve had so many events canceled down here that nobody is going to be for sure what that number is, but it s going to be lower than anybody expected. yeah. they said that it was going set a record regardless. do you think that s still going to be the case? i should say we had an editor from fortune magazine who did dispute the $611 million intake for the dallas area, even with the weather woes. i think it s expected to be in the low to mid $200 million. but that s still a record. you think you re going to reach it? i think we probably will. i mean, as you see, there s a lot of people that have traveling down here, and there is
jersey shore as hurricane earl continues to track up the coast. other big story we are following for you this morning re, the latest unemployment numbers are out, extremely rough out there, as if you needed us to tell you that but the jobless rate did tick up slightly from 9.5 to 9.6%. 54,000 jobs were lost but 67,000 jobs were added in the private sector. president obama talked about that just a short time ago. the eighth consecutive month of private job growth. additionally, the numbers for july were revised upward to 107,000. now that s positive news and it reflects the steps we have already taken to break the back of this recession. joining me now is jim lacamp with macroportfolio advisers who also hosts money sense radio show in dallas. good to see you. i think a lot of people out there look, we are not economists, just trying to make sense of all these numbers people are throwing at us.