Excerpt
JUDY WOODRUFF (NewsHour): The U.S. economy rebounded strongly in the second quarter of this year, better, in fact, than most predicted. New numbers out today showed the gross domestic product grew at a 4 percent annual rate. That’s far better than this winter, when the economy seemed to slump and shrank by about 2 percent. Still, those numbers don’t quite tell you what it feels like in different parts of the country.
Jeffrey Brown gets some regional views.
JEFFREY BROWN (NewsHour): In addition to today’s numbers, the overall jobs picture has improved of late, averaging a more than 200,000 increase for five straight months. But again, questions: What kinds of jobs? And how long-lasting is the upward swing?
We get a snapshot of three parts of the country, from: Mark Vitner, managing director and senior economist at Wells Fargo in Charlotte, North Carolina, Tom Binnings, senior partner at Summit Economics in Colorado Springs, Colorado, and Shirley Leung, a business editor at The Boston Globe.
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