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
A live look at the roads for you this morning. Quite a backup. Not along [indiscernible]. We did see significant backup near floyd hill. A break down of traffic in a second. Were expecting a storm, for now, dia is reporting low delays in cancellations. Ha that can change as the weather does. Airport looking just fine right now. A bit of congestion, closer to the airport. Also, remember the planes need to be deiced so be prepared to spend extra time on your flights. You can check to see if your flights have been cancelled or delay by logging onto denverflightdelay. Com. Were expecting heavy snow tomorrow, is that right, belin. This snow from the first round of snow trying to clear through colorado. That second afternoon and evening and the snow will become more wide spread and become heavier through monday. But the first round of snow brought cooler temperatures, also, dusting in some spots and one to three inches in other areas. The view of the city, it looks gloomy as were starting ou
Effectively fight isis and how will the Central Government in baghdad supplied military equipment directed to the kurds . At it prevent the transfer of equipment when i was ambassador. I dont have the statistics but the kurds believe that it has. They cite only 25 of hundreds of m. Rapp Armored Vehicles that have been provided to them and there are some pretty good reasons why we are careful in what we give them. The point is they are fighting. They are the allies of baghdad and a lot of these weapon systems and are not a threat to baghdad but they are a threat to isis. We will go to tom amory of minnesota. Thank you mr. Chairman i will try to be brief. I apologize for going back and forth. There seems to be a bunch of things going out of the same time. I dont want to cover old ground but im afraid i might touch on it a little bit. My understand first we are here because the president has requested renewed authorization for military force and it seems everything that i have read in eve