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inflation that is not going down significantly. we will have the latest on the midterms including a fallout from all this week s debates. but, first up, the preelection economy where it stands. white house correspondent jackii heinrich starts us off from the north lawn. good evening, bret. the president is in syracuse touting the biden administration investment and praising today s economic report. the data is not what it seems on the surface. great economic report today. the g.d.p. report. things are looking good. at first glance today s g.d.p. report suggests the u.s. economy is turning around after two consecutive quarters of negative growth. but a closer look shows the 2.6% growth was driven by flux yaptions in international trade, not reflecting the underlying health of the economy and increased government spending. economists think both will drop off in quarter four. moreover, consumer spending is slowing as inflation climbs faster than wages. moody s chief ....
Inflation that is not going down significantly. we will have the latest on the midterms including a fallout from all this week s debates. but, first up, the preelection economy where it stands. white house correspondent jackii heinrich starts us off from the north lawn. good evening, bret. the president is in syracuse touting the biden administration investment and praising today s economic report. the data is not what it seems on the surface. great economic report today. the g.d.p. report. things are looking good. at first glance today s g.d.p. report suggests the u.s. economy is turning around after two consecutive quarters of negative growth. but a closer look shows the 2.6% growth was driven by flux yaptions in international trade, not reflecting the underlying health of the economy and increased government spending. economists think both will drop off in quarter four. moreover, consumer spending is slowing as inflation climbs ....