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Bloomberg Surveillance

Mortimer-Lee: Wages are not picking up that much

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 29 April 2016

⏱️ 24 minutes

🧾️ Download transcript

Summary

Mortimer-Lee: Wages are not picking up that much

Transcript

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0:00.0

When you get your news from Bloomberg, you don't just get the story. You get the story behind the story.

0:07.0

How your Evie's battery may not be as green as it seems.

0:11.0

Why a decrease in global birth rates could send countries scrambling to increase immigration.

0:16.2

You get context.

0:17.6

And context changes how you see things, how you change things, because context changes everything. Go to

0:24.3

Bloomberg.com to get context.

0:38.2

Broadcasting live to New York to New York, Bloomberg 1130, to Washington DC, Bloomberg 991, to Boston, Bloomberg 1200, to San Francisco, Bloomberg 960, to the country,

0:45.1

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0:50.3

Bloomberg.com. This is Bloomberg surveillance.

0:54.0

Good morning at 830, I'm Michael McKee, along with David Gura in for Tom King today.

0:59.0

Our economic indicators are brought to you by Commonwealth Financial Network.

1:02.0

When it's time to change the conversation, talk with the broker-dealer. are brought to you by Commonwealth Financial Network.

1:02.5

When it's time to change the conversation, talk with a broker-dealer, RIA that's ready to solicit.

1:06.7

Call 86646262626262626263638, or visit Commonwealth.

1:10.7

To learn more.

1:12.4

Lot of numbers out right now. Here's what we have. Commonwealth that's a tenth higher than the revised number for the fourth quarter of the year.

1:25.2

Personal income for March, the final month of the first quarter, up four tenths of

1:31.8

a percent. That's double the initially

1:35.0

reported amount in the first quarter which was revised down to one tenth and

1:39.9

it is more than the economist forecasts of three-tenths.

1:43.2

Personal spending up just a tenth though that matches the un-revised number from the month of February,

1:51.5

which has now been revised to two-tenths, so he had a decline in the rate of February which has now been revised to two tenth so he had a

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