Detailed text transcripts for TV channel - FOXNEWS - 20100625:15:09:00
And when business news breaks, this is where they see it first. jenna. >> reporter: it is definitely a revision to a reading that shows economic growth. we should be clear about that. the rescission was down to 2.7%. that's from 3 percent. it still shows our economy is growing. it's just not as robust as we thaw. here's some of the things that we should think about when it comes to this number. one is the reason why it of revised. that has a lot to do with consumer spending. consumer spending makes up about 70 percent of our economic growth and that of course is tied to the job market as well....
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