Annual rate. That was up from secondquarter growth from 1. 3 . How are investors reacting to that . Stocks now and every 15 minutes. Nicole petallides at the new york stock exchange. Nicole good morning, everybody. When you look more closely into the number and then maybe people have been doing exactly that and that is why we have a negative number here on wall street for the dow jones industrials. This gain came from americans using their own income, buying products and services. That is not the case. The formula is comprised of several factors, one of which is pending by the federal government. It turns out they did more spending and that is why gdp got a pop. Back to you. Dagen thank you so much. Breaking news right now. The National Hurricane center releasing its latest advisory on Hurricane Sandy and the storms track. Sandy is still a category one storm with 80 Miles Per Hour sustained winds. It continues to head towards the east coast. We bring in the cheap mineralogist at whethe
Rapidly north. As it does, it will take the cloud cover with it. The fire concerns are lifting north. Morning fog and mostly sunny. Some clouds in the north bay, and east bay. And little breezy at times. Temperatures, 60s to 80s, to many. Temperatures, it looks like it will stay right here. Heres sal. Northbound 280 in san jose, we will start there. Traffic does look good. If you happen to be driving downtown, well show you on the maps what highway 87 looks like. The road centers are doing pretty well with no major problems getting all the way to the San Jose International airport. Matter of fact, traffic tps continues to move really well. When you see green, a little bit of yellow, fremont, thats mostly good. You got to deliver in the valley. There are no major problems, from this point, where were starting to watch the commute. Thats looking pretty good all the way to dublin. Bay bridge toll plaza, westbound, the traffic is moving nicely getting into San Francisco. 5 01, lets get bac
How, theres a group that says wake up man. Determines have been in charge for 50 years. And ten theres j. P. That says to get detroit back on its feet, we have to give money back. Lets try that out. Our community and you are the third host of the show, and we mean it. We read recall your tweets and facebook messages. They drive the discussion. So tonight, use of the and join the conversation. He means it. Many ways to be a part of our community. Dont forget facebook, like us, send your ideas for stories that you think we should be covering. Detroit hustles harder thats what residents are saying as they flip the citys negative narrative of bankruptcy crime and pose closures. Juxtapose against the standard story of ruin, businesses are investing big in downtown detroit. But it might be the doityourselfers that bring it back. Many are banking on the creativity of entrepreneurs to address the cities challenges. But, some long time residents say outsiders are driving the change, and it may
I not give away what i have. You know, i lived the life. While the impact of the Wecare Program is significant in itselfwe place over 2,000 people per year directly into employmentwe cant forget the larger economic benefit that the program has for the city. Those 2,000 people are trusted employees of local businesses. Those local businesses and those employees are returning tax dollars into the local economy. So when youre serving 50,000 people a year, when youre placing 2,000 people a year, that has a significant Economic Impact on our local communities. Where do you see yourself in a year from now . What would you say, class . Working. G. Working. Right. Working. Right. So, david, were, weve talked a little bit about what are some of the challenges for people coming in. Talk to us about what is working. What programs do you currently have that basically provide great opportunities for individuals who may have had a problem and, and are now in recovery . Thats a great question. And th
What better job could i have, could i get . Not that i say i cant work at some Corporate Place or be a porter or still, you know, whatever. But, i mean, you know, how, why could i not give away what i have. You know, i lived the life. While the impact of the Wecare Program is significant in itselfwe place over 2,000 people per year directly into employmentwe cant forget the larger economic benefit that the program has for the city. Those 2,000 people are trusted employees of local businesses. Those local businesses and those employees are returning tax dollars into the local economy. So when youre serving 50,000 people a year, when youre placing 2,000 people a year, that has a significant Economic Impact on our local communities. Where do you see yourself in a year from now . What would you say, class . Working. G. Working. Right. Working. Right. So, david, were, weve talked a little bit about what are some of the challenges for people coming in. Talk to us about what is working. What