Economic activity. And today, a rash of economic reports from jobless claims to personal income and spending gave us a look at just how fiscally fit americans are heading into the biggest shopping season of the year. Steve liesman breaks down the data. Reporter a torrent of Economic Data released early ahead of the holidays presented an economic puzzle. How can the same data both bring down the outlook for growth and consumer spending, and yet, keep economists upbeat about the holiday selling seasony for the answer, you have to delve into the data and keep your rosecolored glasses handy. The bad news, consumer spending, Consumer Sentiment and new home sales came in below expectations. Some of the data included downward revisions to prior reports. So, consumers not as upbeat, and they arent spending a whole lot ahead of the Holiday Season. Ug. And all of that prompted wall street to lower their Growth Outlook for the Fourth Quarter from 0. 3 to 2 as updated in the rapid update. Ug again
Economic activity. And today, a rash of economic reports from jobless claims to personal income and spending gave us a look at just how fiscally fit americans are heading into the biggest shopping season of the year. Steve liesman breaks down the data. Reporter a torrent of Economic Data released early ahead of the holidays presented an economic puzzle. How can the same data both bring down the outlook for growth and consumer spending, and yet, keep economists upbeat about the holiday selling season . For the answer, you have to delve into the data and keep your rosecolored glasses handy. The bad news, consumer spending, Consumer Sentiment and new home sales came in below expectations. Some of the data included downward revisions to prior reports. So, consumers not as upbeat, and they arent spending a whole lot ahead of the Holiday Season. Ug. And all of that prompted wall street to lower their Growth Outlook for the Fourth Quarter from 0. 3 to 2 as updated in the rapid update. Ug agai
Economic activity. And today, a rash of economic reports from jobless claims to personal income and spending gave us a look at just how fiscally fit americans are heading into the biggest shopping season of the year. Steve liesman breaks down the data. Reporter a torrent of Economic Data released early ahead of the holidays presented an economic puzzle. How can the same data both bring down the outlook for growth and consumer spending, and yet, keep economists upbeat about the holiday selling season . For the answer, you have to delve into the data and keep your rosecolored glasses handy. The bad news, consumer spending, Consumer Sentiment and new home sales came in below expectations. Some of the data included downward revisions to prior reports. So, consumers not as upbeat, and they arent spending a whole lot ahead of the Holiday Season. Ug. And all of that prompted wall street to lower their Growth Outlook for the Fourth Quarter from 0. 3 to 2 as updated in the rapid update. Ug agai
Emily gunfire and explosions all part of overnight raids in suburban paris. Police there have taken 5 people into custody as they hunt for the terrorists who planned last weeks attacks. Randy now the main focus is this man the suspected mastermind of the tragedy in paris. You can see how many police are still on the streets at this hour. It is a community of suburban paris. Erika will have all the breaking details on the manhunt in a minute. Right now cindy has the forecast. Randy cindy one of the colder morning, we have seen all season long. Crisis clear. It has been a cold overnights. Widespread 20s on the north shore. Beverley 25. Bedford 21. 19 in nashua. Teens in northern wus er county as well. Worcester at at the freezing mark. 20 in taunton temperatures in the twenty in the cape and the islands as well. Lots of sunshine in the forecast today. Sun up just after 6 30. Well enjoy it here into the afternoon. By noontime, were coming up into the mid and upper 40s. It is a slow climb
Raids in paris. Police have taken seven people into custody as they hunt for the terrace who planned last week s attacks. Randy the main focus is this man tear the suspected mastermind of the tragedy in paris last friday. Erika will have all of the breaking details on the manhunt in just a minute. Emily right now we want to get to the forecast. A very chilly start. Cindy a lot of frost on the windshield. But look at this light on the horizon. Sunrise 6 38. Cold at the bus stops. Lots of 20 s this morning. Getting off the bus this afternoon, it is 50 degrees but a far cry from that now. Boston has dropped to 33. Below freezing and worcester. Teens down to norway. Totten is 20 degrees. 19 on martha s vineyard. So it s a cold start. A slow recovery as we are looking at readings in the 30 s by 10 00 a. M. , we are in the 40 s. As those winds turn to the southeast. Looking for a high today around 50 degrees. A little bit cooler to the worcester hills. High pressure sliding ease. That wind c