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U. S. Output, is finally picking up. Growths domestic product expanded in the third quarter, ending september 30th at an annual rate of 3. 2 , its strongest growth in two years, held by solid consumer spending. Corporate profits rebounded for a Third Straight quarter. Separately, there was a surge in Consumer Confidence this month. Index rose to a nineyear high and expectations for the next six months were the most optimistic since june of last year. Later this week comes the jobs report, which most economists think will show a nation at or close to full employment. The bottom line, the u. S. Economy for all the campaign trail handwringing is a far cry from where it stood when the white house last changed occupants. And thats not all. Home prices at the National Level are higher than ever before. Diana olick takes a ....
Sue and edgar wachenheim, iii. Barbara hope zuckerberg. Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, alison stewart. Stewart good evening, and thanks for joining us. Emergency responders in oakland, california, spent the day searching the site of a massive fatal fire that broke out just before midnight and burned down a twostory warehouse where some people lived and others gathered for parties and performances. Oaklands mayor calls the fire an immense tragedy. He also says the building was permitted only as a warehouse, not as a residence or a perfo ....
Closed at record highs today, with good reason, 217,000 jobs were added to the economy last month, about what the experts were looking for. The nations Unemployment Rate held steady at 6. 3 . Over the past month, job growth has averaged a solid 32,000 new jobs a month. On wall street, investors reacted by buying up stocks sending the major averages higher. The dow up 8 points, a record close there, nasdaq up 25, and the s p, a new record high, up nine. Hampton pearson has more on todays may jobs report and a closer look at where all the new jobs are coming from. Reporter there was a postrecession milestone in the otherwise steady as she goes may jobs report. Since february 2010, Payroll Employment has increased by 8. 8 million jobs, that is 100,000 more than the economy lost in just two years at the beginning of the recession. But leading economists say there is still ....
Closed at record highs today, with good reason, 217,000 jobs were added to the economy last month, about what the experts were looking for. The nations Unemployment Rate held steady at 6. 3 . Over the past month, job growth has averaged a solid 32,000 new jobs a month. On wall street, investors reacted by buying up stocks sending the major averages higher. The dow up 8 points, a record close there, nasdaq up 25, and the s p, a new record high, up nine. Hampton pearson has more on todays may jobs report and a closer look at where all the new jobs are coming from. Reporter there was a postrecession milestone in the otherwise steady as she goes may jobs report. Since february 2010, Payroll Employment has increased by 8. 8 million jobs, that is 100,000 more than the economy lost in just two years at the beginning of the recession. But leading economists say there is still ....
Were added to the economy last month, about what the experts were looking for. The nations Unemployment Rate held steady at 6. 3 . Over the past month, job growth has averaged a solid 32,000 new jobs a month. On wall street, investors reacted by buying up stocks sending the major averages higher. The dow up 8 points, a record close there, nasdaq up 25, and the s p, a new record high, up nine. Hampton pearson has more on todays may jobs report and a closer look at where all the new jobs are coming from. Reporter there was a postrecession milestone in the otherwise steady as she goes may jobs report. Since february 2010, Payroll Employment has increased by 8. 8 million jobs, that is 100,000 more than the economy lost in just two years at the beginning of the recession. But leading economists say there is still a long way to go. We are back in neutral arms but of course t ....