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GDP Not Reflecting Main Street

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  • Description

    FBN's Jeff Flock gets a small business owner’s perspective on slower growth.

  • Duration 1:31
  • Date

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In a bit thank you.

All right well this morning's fourth quarter GDP numbers surprisingly every one -- showing -- the economy actually contracted last quarter so.

What does this mean for American businesses are very -- Jeff Flock is English.

Illinois with the -- part of the story Jeff.

You might think that main street would be shaking in it's boots over this but I tell you we look to come to main street because it's it's a real perspective you're looking at cooking class today.

Shop called Marseilles in suburban Chicago chill -- -- started this after thirty years in the corporate world.

You don't -- that the GDP number that you saw today matches what you see on main street and Glenallen.

It doesn't seem to receive more optimism and that -- that the holiday season and in January spent thirty years part of it as a CEO of united health care division.

You watch the Fed announcement very closely back then does it have that much of an impact on -- You know now it's more the trickle down effect for us because what's happening with interest rates at -- impacts home building and improvements in people's homes and borrowing.

And they're gonna come -- -- shop when they're doing something new with their mountains ultimate discretionary spending perhaps over here.

These ladies and -- -- I think to engaged in -- cooking -- she wouldn't do that if you felt.

Negative about the economy perhaps folks.

Jeff Flock that's a very good point.

If you're that worried would you be going to cooking classes -- looks interesting out of business can't afford to go to restaurants had to learn how to cook at home I know my wife would love me because when -- -- -- -- thank you very much well that.

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