make it all. lydia? hi, charles. a month of cooling prices, certainly encouraging news for consumers that welcome the relief. they ve probably noticed gas prices coming down at the pump. there are still concerns that inflation could turn around and tick back up as there s other elements like housing, rent prices are still very high and should by said one month of cooling prices does not a trend make. consumering still notice how they re paying through the nose for a lot of items. gas prices still high even though they are coming down. up about 44% higher over last year. prices for food at the grocery store, more than 13% higher than last year. health insurance premiums up 20%. airline fares up, too. more than 27% still. you know, charles, it s school season. parents are stressed right now. they re out shopping getting their back to school supplies and noticing the sticker shock. take a look at this basket of back to school items like notebooks and binders and pencils. data
let s start off with the flu. how is that outlook? so, flu numbers actually went down a little bit. so on friday, the cdc posted new numbers. looking at what happened in the weeks after thanksgiving and week to week it did go the numbers went down 10%. but, and i can so i this from having covered flu, a one-week dip does not mean anything. it could go right back up next week. so a one week dip does not a trend make. but let s look at the flu season thus far. flu is still terrible. doctors are getting hammered. there have been 150,000 hospitalizations and 9300 deaths. so this is been a really tough flu season this far. and it is not too late to get your flu shot and you should get it because it is still quite bad out there. it is tough, because it is a triple threat. you have the flu and rsv and
to win than we originally thought. it s tougher to move supply chains and move resource management by some of these great tech companies that we have here in the states. so any progress that is made, granted must continue, neil. one day does not a new trend make, will be great for the stock market because the fact that hope will return and investors will put on risk again. neil: heather, if any one had any doubt that the market rules the roost. if you don t think tariffs have an impact on the market, you haven t paid attention. that s for sure. it s important to know that the tariffs implemented this week, the 15% additional on $125 billion of goods, it s not over. it s positive revelations that the chinese are renewed negotiations set here to meet with washington trade officials in early october. if you think about it, the additional tariffs right now set to be implemented on december 15 on chinese goods would then mean
manufacturing is a bit of a different story, bret. 11,000 jobs gained there. while that might sound solid, a month earlier, 28,000 jobs created. here s the question. is this number, which was a big menace, a one-time lift after a string of great numbers or is it an aberration? gary:told fox business no one should put much stock in one sie month number, and he actually had some street credit on that. last month, he said the exact same thing, one month does not a trend make. february was a great number. it blew out 219,000 jobs created. back to weather, experts say. this past february was one of the warmest on record. again, the weather, only a better effect. when you smooths out the bumps, the three-month average or trend, shows job growth of 178,000 each of those months, and that is quite good. there is the however part.
manufacturing is a bit of a different story, bret. 11,000 jobs gained there. while that might sound solid, a month earlier, 28,000 jobs created. here s the question. is this number, which was a big menace, a one-time lift after a string of great numbers or is it an aberration? gary:told fox business no one should put much stock in one sie month number, and he actually had some street credit on that. last month, he said the exact same thing, one month does not a trend make. february was a great number. it blew out 219,000 jobs created. back to weather, experts say. this past february was one of the warmest on record. again, the weather, only a better effect. when you smooths out the bumps, the three-month average or trend, shows job growth of 178,000 each of those months, and that is quite good.