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Transcripts For CSPAN Key Capitol Hill Hearings 20140508
Some issues regarding financial stability. Real domestic gross product went up to an average annual rate of and a quarter percent over the second half of last year. A faster pace than in the first half and during the preceding two years. Although real gdp growth is currently estimated to a pause in the
First Quarter
of this year, i see that it is mostly reflecting transitory factors, including the effects of the unusually cold and snowy winter weather. With the harsh winter behind us, many recent indicators suggested a rebound in spending and production is already underway. Putting the overall economy on track for solid growth in the current quarter. One cautionary note is that readings on the housing activity is a sector that has been recovering since 2011. Main disappointed so far and we will be watching. Conditions for the market continue to improve. The
Unemployment Rate
New York
,
United States
,
District Of Columbia
,
Errol Issa
,
David Koch
,
Sylvia Burwell
,
Nicole Lee
,
Elizabeth Warren
,
Allen Melzer
,
Benjamin Paige
,
Milton Friedman
,
Occ Rick
,
Second Half
,
First Half
,
First Quarter
,
Unemployment Rate
,
Percentage Points
,
Labor Force
,
Labor Force Unemployed
,
Six Months
,
Inflation Expectations
,
Market Committee
,
Rate Committee
,
Committee Judges
,
Economic Economic
,
Economic Activity
,