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Transcripts For CNN At This Hour With Kate Bolduan 20240707

schumer. cnn will bring you the president s remarks when they begin. let s start with the new gdp report. with me is matt egan. walk us through the report, the numbers, what you see. so broadly consumers were still spending. it is a slowdown for sure but overall that was a positive contributor to gdp. on the other hand, government spending slowed down. when we look at where consumers are spending, it s an acceleration of what we ve seen. we spent less on physical items. services, however, think airfare, which is why airports are so busy these days, hotels and restaurants, that really accelerated. business spending declined and inventories, which we have been hearing from a lot of retailers for sure but also other companies they are trying to move out their inventory, there has been a mismatch of what they have. that was reflected here, too. i think to put it simply, it is clearly showing a slowdown. matt, this is you ve written a lot about this. this is one of the big i

U sKate bolduanJoe bidenJoe manchinSurprise dealChuck schumerGdp reportMatt eganGovernment spendingBusiness spendingFederal reserve chairmanBlockbuster growth lastJobs marketApril 20203 6House of repres

Transcripts For CNN New Day With Alisyn Camerota and John Berman

announcer: this is new day with alisyn camerota and john berman. we want to welcome our viewers in the united states and all around the world. this is new day. and this morning, there are positive signs for how the united states can navigating the pandemic. for the first time, more americans have been fully vaccinated against coronavirus than have been infected by it. it was exactly one year ago today that dr. sanjay gupta told us right here on new day that the u.s. was entering a new and very dangerous phase. cnn is now calling the outbreak a global pandemic. our senior medical correspondent dr. sanjay gupta joins us to explain why. what makes it a pandemic, sanjay? there are criteria that are somewhat defined to call something a pandemic. let me preface by saying this terminology we re going to start using now isn t so much to cause panic but rather to really cause a focus on preparedness. can you believe how close we were sitting to each other. that was a s

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Transcripts for CNN At This Hour With Kate Bolduan 20240604 15:03:00

unusual situation. the problem with calling this a recession, the jobs market is way too hot. unemployment is at 3.6%. that is historically low. it is far cry from the nearly 15% of april 2020. house of repres how do you have a recession when you don t have mass layoffs? some people define it as two straight quarters of negative growth with you that s not how the score keepers define it. they say it s significant decline in economic activity spread across the economy that lasts more than a few months. some economists are predicting positive growth for the third quarter. morgan stanley saying 2% growth in the third quarter. i think if that happens, that may quiet some recession fears. and you confuse us even further. the president s economic adviser brian dees was on with

Jobs marketApril 20203 6House of represJoe bidenMorgan stanleyRecession fearsAdviser brian dees

Transcripts for CNN New Day With Alisyn Camerota and John Berman 20210309 12:14:15

Transcripts for CNN New Day With Alisyn Camerota and John Berman 20210309 12:14:15
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