The headline number, 57. 5, down from 59. 3. This is a very elevated number by historical standards still, but there are signs of some weakness creeping into those figures. It was unlikely they would remain as high as they did. The survey number was 58. We come through with a headline number of 57. 5. Prices paid a little light as well. The employment number has dropped quite significantly. This may be something you want to Pay Attention to. Remember, we are waiting for the payrolls number friday. 48. 4 is where we are coming through their. Construction spending month on month, 1. 3 . Lets break it all down. Lets get some details. Mike mckee come over to you. Michael you gave us most of the details there that matter, especially that employment number. That has been concerning people in the markets. We have seen a slowdown in the economy reflected in the topdown numbers, although manufacturing has been the source of strength in most economies around the world since the depth of the covi
3, 2, 1. This hearing will now come to order. Is in a hybrid format and the hearing room has been configured to maintain the recommended six foot social distancing between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. , a those joining remotely few videoconferencing reminders which you should be familiar with at this point. Once you start speaking, there will be a slight delay before your display on the screen. To minimize background noise, click the mute button until it is returned to speak or ask questions. Issue,e is a technology we will move to the next senator until it is resolved. I remind senators and our witnesses the fiveminute clock still applies. Those remote should have on your screen one of the boxes labeled clock which will show how much time is remaining. Weve had some trouble getting those boxes to everyone screen or at least getting everybody to be able to find them and follow them. We are going
Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think that we forget that you come in today, and you look for all sorts of reasons why were up and up strongly except we dont look
Know the state of your health that day . Parentsng boy, my brought me to the smithsonian because i lived in baltimore and it was free. And i came to love the smithsonian. So i had a chance about a dozen at theto become smithsonian, i jumped at the opportunity. A recognized from the start that he was a gifted director. He started with nothing to build a museum and made it into one of the most popular in the entire country. We could not be prouder of the work that he has done to help make this day possible. And then a vacancy came along to be the secretary of the smithsonian. We look at many candidates around the country, it was clear that he was the best person to be secretary. He knew the smithsonian, he was committed to the smithsonian, so it was an easy choice. We are at the housing museum which is part of the smithsonian, and lonnie is the 14th secretary. You were the first africanamerican to be selected and the first historian, is that right . Thats right, im very proud to be with
Parentsng boy, my brought me to the smithsonian because i lived in baltimore, and it was free. I came to love the smithsonian, so when i had a chance about a dozen years ago to become a regent of the smithsonian, i jumped at the opportunity. I got to meet somebody then who was creating the africanamerican museum, a gifted director who started with nothing to build that museum and now made into one of the most popular museums in the entire country. President obama we are so proud of Ronnie Bunche and the work he has done to make this day possible. Then i was the chair of a search committee, and we looked at many candidates, it was clear that Lonnie Bunche was the best person to be the secretary. The smithsonian, was committed to the smithsonian, so it was an easy choice. We are at the housing museum part of the smithsonian, and Lonnie Bunche is the 14th secretary, the first africanamerican to be selected and the first historian. Is that right . Is right, and i am glad to be with you tod