chrysler said it's negotiate negotiating tax incentive packages for detroit and the state of michigan construction is expected to start later this year the first new vehicles are to roll off the assembly line in twenty twenty. joins us now from new york for more on this fear chrysler is announcing big production plans and adding thousands of jobs at a time where its peers by ford and g.m. are scaling back both those things so what do you think it's doing right. well we are talking mostly s.u.v.s no cero keys and those big cars are more profitable than small of the cold send to those so vehicles that chrysler is planning to produce in detroit will be mostly for the u.s. market so therefore it might make sense to produce those cars so within the united states we do not have details yet on incentives that the state of michigan and the city of detroit will probably offer for chrysler but in general it's good news for the region actually it will be the first big new assembly plant in detroit just since nineteen ninety one we also got some pretty upbeat comments from the unions who over there and if we

chrysler said it's negotiating a tax incentive packages with the city of detroit and the state of michigan construction is expected to start later this year the first new vehicles are to roll off the assembly line in twenty twenty. and positive news as well from french comic a p.s.a. the company announced record figures on tuesday with net profit rising forty seven percent to a record two point eight billion euros in twenty eighteen that's after nearly twenty years of losses c.e.o. colleagues to various said the company has finally quote found the path to profitability but as a caveat that path of profitability could lead it further away from europe and more towards the u.s. is more everything's going to plan and p.s.a. but the board says that in the next few years the european market could stagnate that's why the company wants to boost its sales outside europe by fifty percent by twenty twenty one. but i also want to tell you that we have made a decision that this rule will be the brand that we will bring to north america. the u.s. market and or the canadian market. but it's not that long since u.s. p

was at a rally in ohio, 400 people, conservative democratic suburb it's like a macomb county, michigan construct the journals like to talk about. they are being free, 400 people on the risers with tv, radio and print and i said i believe that the job of journalism is afflicted and they play an important role in their not enemies of people and the group as a whole, these people at a democratic rally turned around and gave a standing ovation to the journalist. something you never see a republican rally or trump rally in support and to know that an important to call on the president to stop the encouraging of violence. that aside, let me talk substance about a couple of issues. americans are finding out as they are filing their taxes that they are not getting the refunds they thought they would get and they are not getting the refunds or the raises that the president promised. the thousands of dollars in raises thousands of dollars back in their tax refunds. i think it's important right now to throw out the trump tax bill and to pass my patriot corporation act. it does a very simple thing and it si

was a big rally in parmo, ohio, conservative democrat suburb, it's sort of the mccomb county, michigan, construct that journalists like to talk about. there being 300, 400 people in the back, there were the reisers with newspaper, television print, i middle in the rally said i believe the job of journalism is to conflict the afflict and conflict the comfortable. they are not enemies of the people. the group as a whole, these people at a democratic rally gave a standing ovation to the journalists, something you would never see at a republican rally, trump rally. it's important to note there and important to call on the president to stop the encouraging of violence at these rallies. that aside, let me talk substance about a couple of issues. americans are finding out as they're filing their taxes that they're not getting the refunds they thought they would get. they're certainly not getting the refunds or the raises that the president promised. the thousands of dollars in raises. thousands of dollars back in their tax refunds. i think it's important, like right now, to throw out the trump tax bill

number one issue in michigan, having somebody that is an electrician. construction professional, a plumber and so on to move forward. i am concerned about tech knowledge he. i want to make sure michigan is creating that technologies. we talk about advanced vehicle technology and autonomous vehicles. frankly, in the economy, you the hear that coming from chamber of commerce. >> i feel like we are behind. we are behind. we talk about it and then see revenue go someplace else. we talk about education skill development. we see trillions of dollars go to a tax cut which ends up not creating the jobs we want and taking money out of the ability to bring down the costs of college. way, education and workforce development and training. detroitront page of the free press, winning michigan. tough task. michigan is pretty essential to his map map. difficult to replace. how can he come back? >> hopefully he cannot. michigan president trump won by about 10,000 votes. and there were a lot of folks that unfortunately decided not to vote. or voted third party. i think because of the

right now, number one issue in michigan is having somebody that is an electrician, construction professional, a plumber, so on. to move forward. i'm concerned about technology. we look at the advanced vehicle technology and the autonomous vehicles, we right now are ahead in michigan in developing that. we better be paying attention to what happens in terms of displatesing people and the new jobs that are available. that's where education, skill development and the -- bringing down the cost of college, supporting people to go back and get adegreesal skills, we have to be committed to that. frankly in the economy, you'll from the chamber. it's about time we stopped just talking about it. ive it a big push. mike: i feel like we're behind on those things. ms. stabenow: we are behind. we talk a lot object education, skill development and then we go to alions of dollars tax cut which ends up the jobs we want, takes money out of the ability to bring down the cost of college and address education and skill development. we want to move the economy, i can certainly tell you from a michigan standpoint,

skills, we need people to trades.lity skilled a number one issue in michigan is having somebody that is an electrician. construction professional, a plumber and so on to move forward. manufacturing. i am concerned about technology. i want to make sure michigan is creating that technology. we talk about advanced vehicle technology and autonomous vehicles, we, right now are ahead in michigan on developing that. we better be paying attention to what happens in terms of displacing people and new jobs that are available. ,hat is where skill development bringing down the cost of college, supporting people to go back and get additional skills, we have to cater to that. in the economy you'll see that coming from trades and educators. it is time we stop just talking about it. >> i feel like we are behind. we are behind on all those things. >> we are behind. we talk about it and then see revenue go someplace else. we talk about education skill development. we see trillions of dollars go to a tax cut which ends up not unfortunately creating the jobs we want and taking money out of the ability to bring down the costs of colleg

right now number one issue in michigan is having somebody that is an electrician can -- construction professional, a plumber and so on to move forward in manufacturing. and so i'm concerned about technology. i want to make sure that michigan is creating that technology. when we look at the advanced vehicle technology and the autonomous vehicles, we right now are ahead in michigan on developing that. but then we better be paying attention to what happens in terms of displacing people. and the new jobs that are available. and that's where education, skill development, bringing down the cost of college, supporting people to go back and get additional skills. we have to be committed to that. and frankly, in the economy, you'll hear that coming from the u.s. chamber as well as the building trades, as well as educators. and it's about time we stop just talking about it. big push. mike: senator, i feel like we're behind on all those. senator stabenow: we are behind on all those. we talk a lot about it and see revenue go someplace else. so we talk a lot about education, skill development, and

wholesale inventories, construction spending, michigan consumer confidence, which is not linked to thehutdown as well. what were you impressed by in today's offering of data? yelena: i think i was actually quite interested in the housing data that we received yesterday. it was new home sales, and it was really telling me that despite the surprise in the data, we are still going to get some week numbers on residential investments. residential investments will be a drag on growth in 2018 for the first time since 2010. that is the result of higher mortgage rates and things like that. it is not going to be a big drag, but still, quite impressive that it is the first time since 2010. caroline: is the fed vindicated right now? yelena: well, that is an interesting question. we were talking on the desk about it. what is jay powell going to say now when he speaks next week? is he going to flip-flop again? i think for now the fed will just continue to talk about the economic data, the economic fundamentals are still strong, and today's report obviously supports that. but they will wait and see f

higher, the strong ism it was a better read on the final january university of michigan than the mid-month read constructionpending rebounded strong the only fly in the ointment is those data points that quickly gave investors some optimism that during that blackout period where they couldn't see some of the data points what's showing up shows that we really didn't miss a step, granted not as good as a year ago and much better than many were thinking just several sessions ago >> so, peter, add it all up. are you a buyer of stocks in this environment the economy fundamentals look better than expected given the government shutdown, the trade war, the fed angst and everything else. >> the consumer confidence number even the final read was the lowest since october 2016. the month before the election. the ism manufacturing number was a rebound and the second worst read in 18 months. so i am not going to ignore what's going on overseas and think it won't impact the u.s. the jobs number was good i am very confident that wages will continue to improve but i still expect growth to slow and i listened to a lot of ear

total consideration to the port of 25.35 million, constructing a public plaza at the corner of 20th and illinois, and the one-block stretch of michigan street and the future 21st street, subject to reimbursement from public financing sources. complying with certain sound proofing measures to minimize conflicts with the american industrial center located across the street from the project. payment of a 1.5% transfer fee due upon the sale of every condo unit after the initial sale, compliance with the city's first source hiring program, local and minority hiring requirements, and completion of the close of escrow by the end of 2019. finally, this last slide summarizes the financial benefits of the transaction. as previously mentioned, the port will receive one-time revenues of 24.35 million in sale proceeds and estimated annual revenues of 474,000 from the 1.5% transfer fees from the resale of condo units. as required, the port will use the fees to pay down the cost of the project. the city will receive one time tax revenues of 720,000 and one time estimated development fees of 1.29 million. finally, itthat:concludeds the presentation.

construction spending. it climbed to 0.8% in november. that is latest number we received so positive number there. i want to just end, neil, on consumer sentiment. the university of michigan puts out the survey. the we saw the numbers, you can look at it two-ways, positive and negative. it came in higher than expected but fell to a two-year low, 91.2 versus much higher number 98.3 in december. some of it has to do with the partial shutdown. some about concerns of a slowdown in the economy. nonetheless, saw jobs report, no slowdown, adding jobs, 100 months in a row. back to you. neil: thank you, kristina, thank you very much. that's why we're up. dow up 88 points. off the highs, still impressive. that is the what the folks at moody's original thought. it is still early and change but residual effects after shut down could be felt, especially if we have a follow-up shut down. to moody's chief economist, mark zandi, what do you think? you were looking for bigger impact than that, right? >> no, i was. it is a good number. we were looking for job number of 200-k. we put adp numbers together. that showed 213,000. that was strong but 300-k is strong. no ostensible effect of the

michigan. mr. bergman: madam chairwoman, i rise today to offer an amendment to h.r. 840, the veterans' access to childcare act. my amendment is simple. it prohibits v.a. from constructing new childcare facilities, using funds made available by this bill. it does not prohibit the v.a. from using existing facilities. while i support the underlying bill, and believe something as simple as childcare services can greatly improve veterans' access to care, i also understand how bloated v.a.'s infrastructure portfolio has become. . just last year the congress passed the v.a. mission act to establish the asset and infrastructure review commission. this commission is designed to assess areas in which the v.a. can modernize and realign its existing infrastructure portfolio to save valuable money and refocus on its core mission of caring for our veterans. madam chairwoman, offering child care services has the potential to make v.a. benefits more accessible and convenient for all families. h.r. 840 allows v.a. to provide child care services via private centers and through collaboration with other federal agencies, thus utilizing already existing facilities. until the asset and infr