A big business in and of itself whats going on in vegas. Well this is a three hundred twenty one b. Billion dollar business each year this year in the usa alone forecaster grow three point two percent and never once during the Great Recession did Consumer Electronics not have an up year so its a very dynamic industry to watch and there are one hundred eighty four thousand of us from one hundred fifty countries watching it here all week at the Consumer Electronics show interesting lee the Consumer Electronics show has given we in the media strict instructions not to use the phrase Consumer Electronics show in fact the Consumer Electronics association actually change their name to Consumer Technology association for a couple of reasons one is that theres a lot more to it than gadgets now you often report on bitcoin president ial tweets grab the headlines and amazon twitter air b. N. B. Its not just gadgets anymore and frankly in a an exhibit hall the size of fifty football fields here th
A big trade deal with the French Airline manufacturer air bus and french president emmanuel mccrone and finally well discuss the economics of the news now lets get to the top stories that business and financial headlines. Late yesterday President Trump addressed the now the American Farm bureau on a range of issues including nafta the north American Free trade agreement the o. P. O. Crisis and regulation while many listeners were hoping to hear more about the administrations plans on reading go shading the nafta the president only repeated familiar language about getting a better deal the president also touted the release of a report from a task force on Rural America in the report it says that of the five key areas of concentration for Rural America increasing Internet Connections is vital well yeah like they said in the Jerry Maguire movie show me the money it is unfortunately there were a number of fact all errors in the president S Farm Bureau speech and heres one take a listen and
Kitchen for a great example the smart refrigerator can now tell you via an app what is in your fridge and how long its been there and another app can suggest dinner recipes based on what you already have at home and i know this sounds like the jetsons but the average American Family wastes two thousand dollars a year in food largely because they arent sure what they have at home so you know theres a matter of Energy Conservation for the fridge itself for the fossil fuel youll burn making a needless run to the supermarket etc etc theres a bunch of subtle ways that go beyond the windmills in the solar panels that we think of when you think Energy Conservation while holland i imagine if some of our viewers were to have their refrigerator tell them whats in there it might be more akin to a horror movie with some of the old things they have anyway holiday hope youll join us to get again later in the way colleen cook host of the big picture which airs at our team america at seven pm on frida
Point two percent and never once during the Great Recession did Consumer Electronics not have an up year so its a very dynamic industry to watch and there are one hundred eighty four thousand of us from one hundred fifty countries watching it here all week at the Consumer Electronics show interesting lee the Consumer Electronics show has given we in the media strict instructions not to use the phrase Consumer Electronics show in fact the Consumer Electronics association actually change their name to Consumer Technology association for a couple of reasons one is that theres a lot more to it than gadgets now you often report on bitcoin president ial tweets grab the headlines and amazon twitter air b. N. B. Its not just gadgets anymore and frankly in a an exhibit hall the size of fifty football fields here theres a lot of stuff that just isnt gadget like so theyre trying to shake the image of this as a gadget show well i always go to you know brookstone for my gadgets when im traveling th
The Technology Sector was the biggest market mover in twenty seventeen in fact the s. And p. Five hundred tech index jumped thirty seven percent last year and theyve started off with a big bang in twenty eighteen in recent days the s. And p. Five hundred index rose above twenty seven hundred for the first time and other major indexes hit record closing highs as the techs climbed amidst robust Economic Growth for Technology Stocks alphabet i. B. M. And chip makers have been the biggest drivers recently but it isnt just the big players in techs that are making moves hollin cook hosts the big post of the big picture which airs at seven pm on friday joins us from the Consumer Electronics show in Las Vegas Holland thanks for being with us should assume or electronics is a big business in and of itself whats going on in vegas. Well this is a three hundred twenty one b. Billion dollar business each year this year in the usa alone forecaster grow three point two percent and never once during t