October 14th. David we want to join mike mckee in new york. We got ism numbers. They were not a surprise and a good way. Michael they were a surprise and a terrible way. Purchasing Management Index falls more than one point. It is the biggest drop in the first contraction since 2016, january of 2016. Even worse, the underlying numbers, new orders fall of 47. 2, unemployment falls to 47. 4, inventories rise to 49. 9. 50 is the abiding line between growth and contraction. When you have inventories rising faster than new orders, there is a strong correlation with recession ahead. We are not in recession yet, but manufacturing seems to be good david when you get numbers like this you wonder why. We see pmi numbers softening. Is it because of theariffs that were just increased over the weekend . Michael that is what manufacturers are saying. It has a quote saying comments from the panel trade remains the most significant issue indicated by the strong contraction. They are saying the trade w
Talk to the viewers real quick. This is a thank you from me to you. You know youre family. You open your doors to us every morning. It was driven home to me over the last couple of weeks. You might not have known but we lost our dog two weeks ago, charlie. He has been with us for ten years. Somewhat sudden. It has been a hard couple of weeks. We havent been able to talk about it that much on television. I wanted to say thank you. I had dozens if not a hundred messages on facebook and instagram and i couldnt get to them all. I tried. I shared them with my children and my wife. We were overwhelmed. A lot sent poems and books of support. The outpouring helps us. It means a lot. Also to take a second, charlie was a shelter dog. He was a rescue. If you have an opportunity to rescue a dog. Do that. I know were going to get back into it. Some day. I dont know when the time is right. We came close on saturday. My wife is eager. National love your pet day. If you have a pet, give them a hug. Th
Theres something wrong inside the American Economic and political system, and thats what this book is about. Host Hedrick Smith is the author. Thank you for being on booktv. From the Fourth Annual boston book festival, a Panel Featuring author edward glaeser. Its about an hour, 15. Good afternoon and thank you very much for coming to this auditorium today. Let me introduce myself, im bob oakes from morning edition on wbur, bostons npr news station. [applause] thank you. Thank you. Im sure some of you are saying, wow, thats bob oakes . [laughter] i thought he was taller [laughter] i thought he was thinner, i thought he had more hair. [laughter] and, you know, the funny thing is that all those things were true last week. [laughter] let me thank all of you for coming here this afternoon and thank the boston book festival for having us. Dont they do a nice job . Isnt this a terrific eventsome. Yes. [applause] lets also thank the Plymouth Rock foundation for sponsoring this particular sessi
Well thank you all for being here on Climate Smart from farm to building Food Supply Chains. We will review pathways to create a sustainable, affordable food chain that is resill yept in the face of Climate Change. We will examine opportunities for the food systems to be a climate solution while supporting human health and livelihood and i recognize myself for five minutes. Scorching temperatures and widespread disasters are putting lives at risk and harming communities across america. This week, families in southWest Virginia were the latest to face deadly floods like those that swept through Yellowstone National park. At the same time there is too little water across much of the west leading to wildfires and dangerously low levels. And stretched and forcing families and industries alike or risk air potential blackout and europe is facing what could be the worst heat wave in 200 years. So it was disappointing to learn that senator manchin is rejecting investments to address this inves
The chair is authorized to declare recess at any time. As a reminder, members participating in a hearing remotely should be visible on camera throughout the hearing. Members are responsible for controlling their own microphones and members can be muted only to avoid background noise. As a reminder, statements, documents must be submitted to the electronic. Finally, members and witnesses experiencing technical problems should inform Committee Staff immediately. Thank you all for being here and for joining us on affordable and resilient Food Supply Chains. Today we review pathways to create a sustainable affordable Food Supply Chain that is resilient in the face of Climate Change. We will examine opportunities for the system to be a climate solution while supporting human health and livelihood and now i will recognize myself for five minutes for an Opening Statement. Scorching temperatures and widespread disasters are putting livesut at risk and harming communities this week like those t