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Or rather, which is worse than expected. We had expectations of 0. 1 . Rishaad exactly and thats currently where we have industrial production. Coming inese are pretty much bang in line with what we were expecting. The retail sales and only showing this contraction for july. Lets get over to bank of chief chinarities economist. Headlines pretty much what we were expecting, but tell me, what sort of picture is it painting for you . That atlly, i would say first glance, this set of numbers does not look extremely encouraging. For several, industrial output ip we would have thought it would be somewhere around this in belowt still coming 5 implies that the momentum of continued industrial recovery seems to be moderating. I think that is number one that i got out of the data. Number two, if you think at investment, thats roughly in line, but we need to look at the breakdown for example properties versus infrastructure to know what is going on. More importantly, retail sales i think to a la ....
Lift its lockdown restrictions despite the high number of cases there. So there are some worrying signs coming out of europe where the economy has suffered its biggest quarterly hit on record it shrunk by 3. 8 percent so far this year the euro zones sharpest drop since records began in 1905 yet another indicator of the widespread economic devastation caused by the coronavirus lockdowns around the world i was off to germany of course europes strongest economy announced its g. D. P. Is likely to shrink by more than 6 percent this year dominic kane in berlin looking at this one. Looking for some for some good news or maybe a bit of a turn around but this is going to be in a bad way for a while. Yes used the audio problem slightly coming to my end kemal but yes a tale of economic woe is unfolding at a european level but also at the german level says you were saying that the German Economy is definitely going to shrink by perhaps more ....
Coronavirus pandemic. Talks aboutakabas the u. S. Economy and the Record Number of job losses as a result of the virus. Camila dechalus good morning. It is wednesday. Four weeks since the World Health Organization declared the outbreak a pandemic. As of today, nearly 13,000 americans have died of the disease, 400,000 americans have been diagnosed, and a 360 Million People in 42 states in the district and in the district of columbia are living under stayathome orders. We are asking how you are dealing with social distancing . Let us know how it has impacted you, your family and job. We have split up the phone lines by age. If you are under 25, 202 7488000. 2650 years. And if you are 5170 years old, the number is 202 7488002. And if you are over 70 years old, 202 7488003. You can catch up with us on social media. ....
Governors orders. Kind of frustrating to see because i dont think people are taking it very seriously. And defying those orders. What our cameras spotted in San Francisco today. And a new warning from San Franciscos mayor. And are you out of work and in need of a life line . We are here to help. Our consumer reporter is answering unemployment questions. Scale, scope, and speed. This is what were all dealing with. Another staggering night of new developments. Thanks for being with us. Im raj mathai in the studio. And im janelle wang in the newsroom. The governor projects more than half of all californians could get infected in an eightweek period. That would lead to a major shortage of hospital beds. So the state is acting swiftly, and that includes taking over a local hospital. Janelle, thats not all. Nbc bay areas Sergio Qui ....
Talk about Police Brutality and profiling. April. Next question mr. President. [laughter] mr. President i need to find out from you. April ryan how did a selfdescribed workingclass black girl from baltimore get to ask for us president s questions i get called out by every one of them. This is your life and 23 years later and i was out there working and they recognized my work and said we may have a position open and i said okay i thought it was for the dc bureau chief i did not know was for the white house. I even got folded washington and anchored on the weekends but never in my wildest dreams would i imagine i would be questioning for american president s and they call me by name. E. T i did the work. I started local. Being baltimore. I love baltimore city. It was about 36 miles away south and so lets try this. I thought i would be there may be only stay two or three years and i have been here 23. I just started out being a re ....