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White House Says GDP Report is ‘Encouraging’
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FBN’s Stuart Varney with today’s GDP report, which grew much less than expected, plus a morning markets update.
- Duration 1:00
- Date Apr 27, 2012
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FBN’s Stuart Varney with today’s GDP report, which grew much less than expected, plus a morning markets update.
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His family in recovery mode at least that's what the numbers tell us 2.2 percent growth in the first quarter of this year much less than expected.
And slow by far from the fourth quarter of last year the White House -- says it is encouraging.
Another alarming figure the total GDP -- total size of America's economy fifteen point four trillion pounds -- Now totals just more of -- -- -- debt is now a little more than a 100% of the size of our home.
Saw some of the call a flat to slightly lower the Dow Industrials now down seven.
Look at the price of oil 404 dollars a barrel the price of gas -- keeps on falling eleven days in -- -- back to 382.
For regular.
We're also watching the 10 year note this morning the yield is down to twelve point 94% -- gentleman yield now ninety seconds with the job.
Why can't the governor of Florida test his employees for drugs.