Full video: Press conference Economic Growth Stalls as First 2 months ago   1:09:50

Share
CCTV English
Subscribe to CCTV on YouTube:
https://www.youtube.com/user/CCTVcomInternational

CCTV: https://goo.gl/gYT8W8
CCTV中文国际: http://goo.gl/HcZaeZ

Follow us on:
Facebook: https://www.facebook.com/cctvcom
Twitter: https://twitter.com/cctv
Instagram: http://instagram.com/cctvenglish

Comments 0 Comments

Add Reply

Economic Growth Stalls as First Full video: Press conference 2 months ago   04:10

Share
First quarter GDP rose only 0.2% during first quarter, according to the Commerce Department, missing expectations of 1%. During the fourth quarter, the economy grew 2.2%. While cold weather tends to hurt growth, some economists wonder if the anemic GDP is attributed to more substantial factors, beyond colder temperatures. 'What we’ve seen is confirmation that the consumer doesn’t feel compelled to go out and spend money,' said Michael Hewson, chief market analyst at the London-based CMC Markets. 'This is a trend I’ve been monitoring for the last four or five months. You can blame the cold weather if you’d like, but I only think that’s part of the problem.' TheStreet’s Scott Gamm reports from New York.

Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV

For more content from TheStreet visit: http://thestreet.com
Check out all our videos: http://youtube.com/user/TheStreetTV
Follow TheStreet on Twitter: http://twitter.com/thestreet
Like TheStreet on Facebook: http://facebook.com/TheStreet
Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet
Follow TheStreet on Google+: http://plus.google.com/+TheStreet