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The end of last year, 2 1/2% growth at the beginning of this year. now we're down to just 1.3% growth. that is it. i think that stall speed for america's economy. less consumer spending, less business investment, in the april through june quarter. i've got another number for you that also confirms a very weak economy. durable goods orders, big-ticket items like cars, trucks machinery, and planes, down 13.2% in the latest period. that's the lowest order book for factories all the way back to twine. so when you add it all up, we're at stall speed. feels like we're going into recession and to a m...

As for the economy, jobless claims fell by 26,000 to 359,000, the lowest level in two months. however, orders for long-lasting durable goods plummeted 13.2%, the most in 3 1/2 years. that's it from cnbc, first in business worldwide. now back to "hardball." welcome back to "hardball." remember last month after todd akin made this comment? >> it seems to me, first of all, from what i understand from doctors, that's really rare. if it's a legitimate rape, the female body has ways to try to shut that whole thing down. >> they tried to shut him down. republicans from mitt romney and paul ryan to ...

Becky, what are the markets going to see in they have known the economy is growing slowly. >> they have. it looks like we'll open higher today by quite a bit. looks like the dow futures up by 75 points at this moment. we were already looking at positive numbers even before we got the data that came out. part of that is bounceback because s&p is down for five days in a row so people are looking at this as let's slow down for a moment and reassess. we got numbers out at 8:30. it was a mixed picture. jobless claims is the most important. that's what the market is focusing on. that number did come...

Were 8 billion in the hole, we cut taxes, our credit improved. when america was being downgraded, ours went up. it's because the legislature and i put together a really good plan and people feel comfortable investing in ohio now. bill: i know you like to talk about bringing jobs back and it's a huge challenge, because you lost so many manufacturing jobs over the past 20 years, and i know the floor fell out. we were in spark county, northeastern part of the state, two years ago, they were at 13.2%, they're at 8.3 now, which is higher than the national average. this is my sense when i came away ...

County is going? bill: two years ago their unemployment rate was 13.2%. i don't know how anyone gets through that. it's come down since then remarkably, right around 8.3%, which sort of mirrors the national hrafrpblg. average. it's better, but is it good enough? martha: some of those manufacturing jobs came back from china that is interesting. we've been hearing about that dwight a bit that it is becoming more attractive for manufacturers in the united states to operate here, is that something that can be a trend there? bill: i think so. are they going to get all the jobs back that they had be...