as noted in the fomc statement, underutilization of labor resources continues to diminish. even so there is further room for improvement with too many people who want jobs being able to find them, too many who are working part time but would prefer full-time work and too many who have given up searching for a job but would likely do so if the labor market were stronger. the committee continues to see sufficient underlying strength in the economy to support ongoing improvement in the labor market. real gdp looks to have increased robustly in the third quarter. reflecting solid consumption and investment spending. smoothing through the quarterly ups and downs earlier this year, real gdp expanded around 2 1/2% over the four quarters ending in the third quarter. and the available indicators suggest that economic growth is running ruffle that pace in the -- roughly that pace in the current quarter. the committee continues to expect a moderate pace of growth going forward. inflation has continued to run below the committee's 2% objective and the recent sizable declines in oil pri

ratify their changes in the last statement, which emphasized that labor resources were not being underutilizedthe same extent. i think they wait and see. are payrolls continuing to those this moment. are wages showing this momentum? if nothing else, this report skews them to the june hike i think they've been planning for. >> here are the latest market figures. >>> every morning investors turn our attention to asia, the tokyo market leads the way and markets around the world follow, from the decisions that could change the course of an economy. >> to the companies at the forefront of change. >> up to the minute market reports. >> and analysis by specialists from around the world. >> get all of the latest business news and insight every day here on "newsline". >>> people in taiwan are seeing a political shift. they have handed the ruling nationalist party a defeat in last week's local elections. many are wondering how leaders in china will react to the outcome. >> reporter: taking responsibility for the crushing defeat, taiwan's president resigned as chairman for the ruling nationalist party. c

opportunity to said the local group presented this to our group we support it it will take an underutilizedite and make it easier for folks to get to work we want to focus on the making it pedestrian friendly project an on the corner of ralph and fulsome is very prominent it is going to add vibrancy to the neighborhood with regards to the location of driveway we saw the criteria on ralph fulsome is a major traffic corridor a bicycle corridor there is a lot of pedestrian activity it didn't makes sense to have a driveway there 0 or how it will help it's in the right location right now so the project as is should move forward thanks for your our time and happy thanksgiving. >> thank you. >> thank you. next speaker, please. >> good afternoon. i'm john the homeowner and resident on ralph street i've lived in selma over 10 years i support increased housing in the city in general, i building this project has potential to improve the neighborhood hour as some other people also requested i would also request a continuance because as previously stated it was only yesterday that the planning commissio

. >> yes as a home owner you are monetising an underutilized asset, your own solar resource. if you could make solar on your own house, increase property and the real estate industry proved that if you can make electricity at home cheaper than than the grid why wouldn't everyone do that. 30 million homes, economic rationality - they should have solar on the roof. an average 25-30,000, you are talking about a trillion dollars of economic opportunity, and i don't know that many other industries you know iphone 6s where there's a trillion economic opportunity. we are keen to push that. the other thing we like about it is if i put solar on your house, you and i have a relationship for 20 years. we do it by a 20 year lease, and there's no energy technology coming in and around the house. what i covet with you, i want you to trust me like me and i want you to be the person you turp to as you think about bringing your built environment into the 21st century. >> you expect or hope to be a big player in the actual solar market. >> yes. >> you are going to the customer. >> we covet the

commissioners before you is a request for a conditional use to allow a give him navm that exiting space is underutilized and the proposing proposal is minor tenants like the restrooms and exercise areas that changes the fingertip is proposed during the public notification period we received two comments the first was from margaret filipinos the alliance for 2nd district that go wishes to establish a gym and no concerns regarding the project the latter was received after the draft motion but i've printed the e-mail forwarded to the dependent on december 16, 2014, the establishment of that gym requires they retain a permit and in the urban if i could mixed district up to 4 hundred feet are planned a conditional use authorization are required when going beyond the project this will not change the fingertip of the building this is providing a use and currently within a vacate tenant space that concludes my presentation. and i'm available for comments show s should you have questions. >> thank you project sponsor. >> commissioner president wu commissioners director ram i'm larry of back in the day in her urb

commissioners before you is a request for a conditional use to allow a give him navm that exiting space is underutilized and the proposing proposal is minor tenants like the restrooms and exercise areas that changes the fingertip is proposed during the public notification period we received two comments the first was from margaret filipinos the alliance for 2nd district that go wishes to establish a gym and no concerns regarding the project the latter was received after the draft motion but i've printed the e-mail forwarded to the dependent on december 16, 2014, the establishment of that gym requires they retain a permit and in the urban if i could mixed district up to 4 hundred feet are planned a conditional use

that are don't think our rental situation and sometimes their precarious we've got lands that are underutilized even in san francisco we have to make choices on the land that are open space they're on hills and nobody what walk on those maybe venerable and we can do a lot of between the twin peaks and we've stopped building the hours it makes sense so and speeding up entitlement process that be helpful everyone not to fast track things not to have enough process but makes a process that moves quicker to the beginning of construction and approval is going to benefit a lot of the projects interests a lot of cost in the way so thank you very much for your report. >> thank you commissioner johnson. >> thank you very much thank you firing presentation i agree with roof of the things that president chiu said the short-term rentals and kate is great so i want to echo that as well so just a couple of things and i'll weekend a question for staff fantastic i know we're going to see more hearings and see the housing element not only the policy but all the way you down to implementation mr. taylor the prog

. >> people in the labor market have been struggled, underutilized with the gains they usually would. people will probably be renters longer. >> reporter: more this year than other years and in time should ease the sky high rents. but with rents this expected to rise further next year renters will be forced to focus more on the math. >> i think millennials will come back into the market now. i think they'll think twice about should i spend all this money on rent slash waste this money on rent or just buy something? >> reporter: because despite everything that's happened in housing -- >> i don't want to throw my money away. i want something towards retirement that, you know is worth something. >> reporter: homeownership still seems to be the american dream. for "nightly business report," i'm diana olick in washington. >>> the numbers are in for the final tally of the americans who signed up for health insurance through the affordable care act's healthcare.gov web site. the department of health and human services said 6.5 million people enrolled through the plan in the federal marketpla

in 2007, still a large amount of kind of open, underutilized space. is basically the approach that they took, looking at the development parcels that could become available within the station footprint as they uprr upgrade the facilities. today this is the master plan, about 8 million square feet of mixed-use development, including 2,000 residential units. maintaining historic structure and google is one of their main anchor tenants. 40% of the site is public realm, which is 27 acres. and here we're showing how it kind of revitalizing the long stretch of canal side development. these are some great photos today looking north, that basically downtown london and the river is to your back. and then how it's envisioned with this amount of development coming in. and then again, looking south, you can start to see the financial district, et cetera, and then in the future this is the potential. so i'm not going to run through the olympic example, but i'm happy to share those with you. but this slide was provided to us by the london authority. and gave some k

factor in these sites, many of which might be appropriate for housing, and may be sites that are underutilized as was the you case the water department sighsite used for farming. and wasn't bringing in very much revenue. and why the city didn't develop it themselves, and use it to meet some of their housing needs, i don't really know. but it's been quite a few years since that was built. it's worth looking at these different properties. >> commissioner richards. >> one last thing. i do support local hiring and middle-class rage wages and our race to the bottom line is a slippery slope to nowhere. thank you. >> thank you. so once again, thank all the staff for coming and presenting today, and the public for bringing their comments as well. commission will take a break. >> >> decemb silence any mobile devices that may sound off during the proceedings. we left hov discretionary review calendar on i. 17 for case no. 2014.0544d. at 16 and 16a iris avenue. this is a discretionary review. can be considered to be confirming with respect to density and one unit must beer 11, designated aids non-conform

the greatest level of benefits that could be demonstrated to the private sector and a review of underutilized sites to establish a portfolio, as this is not intended to be a kind of one-time effort. these are the draft principles that we presented to you in january. and we got generally positive feedback from them at the workshops. these are some of the benefits of having an coordinate approach rather than look at each site in isolation, so we can ultimately different more public benefits and more effectively as a city family. at the last commission hearing, you asked us to have a little bit more information about the surplus property ordinance. and so under the ordinance, it's property which is deemed that is not needed to fulfill city agencies' missions and functions. under the city charter, there are certain departments and commissions that are exemption from the surplus property ordinances that include enterprise departments those who do not receive general fund, the airport, the portion the puc and matt and school district property as with as something that i forget to put putt on the sl

. >> we've actually found underutilized laundries and rent from them during down times. >> reporter:riel didn't want to deal way mortgage or machines that need to be repaired. >> it's turned, initial capital expense into an operating cost. it means when we get more business we pay more. less business, pay less. >> reporter: it's the flexibility of not owning real set that gabriel noticed the most. developing relationships with community partners has helped cut costs. >> they know what we're looking nor a laundry team member and soon as a position comes up, hey, we know smub perfect for the job. the goal, help under served population out of work a while but eager to get back into the work force. >> reporter: location manager tracy mart sn one of the employees gabriel hired. she remembers telling him how hard it was to find a job. >> you know, this is like my 200 in the room, which a lot of people don't believe me because i was out there for so song. so he taught me. he trained me. i don't look at it as just working in a laundry plat. i look at it as working for a company. >> reporter:

underutilized military facilities that civilians could then opt to use a plan quick to begin one clickdata point, and there are many people who know this issue much better, but for those who were generalists, of course we are talking primarily today about the department of defense military health program which is the $53 billion annual operation from the department of veterans affairs we have referred to several times, but it is a separate organization with a separate budget in the overall veterans affairs budget is now about a hundred and $70 billion he year, three times the military health care. much of that is direct payment, but i believe roughly half of the veterans affairs budget exactly the veterans affairs program which is separate from all the increasingly related to an interlinked with, we hope, dod. i wanted to make sure everyone understood that basic set of bureaucratic and budgetary fax. over to you for your perspective on what you have been hearing and where you think we should go. .. >> >> the case to have a dedicated supply system is weaker. and that suggest the possibl

i would expected to improve further and today's report, how we measure underutilization, it is gettingage growth is reacting to that but it is our policy maker -- if i were a policymaker i would describe it is a good start. we need stronger wage growth and we are on the cusp of it, it is happening and it will be a driver of consumer spending next year. it is -- if i were a policy maker i would describe it as a good start. wait growth run 2.5% which is what we're looking for with the employment cost index is far from historical norms but better than this year. is, somes the consent people whisper a number of 300,000, what do you think we will get? >> i think the whisper number is a guess and a complete farce. i think the low 200s is perfectly reasonable. >> ellen zener, one of our guest host for the hour. >> this image from orion, a new era for manned exploration, the first unmanned test flight, it is a short flight but look for a difficult landing off of baja somewhere in the vicinity of a let :00 and you will note in the landing -- somewhere in the vicinity of 11:00. and you will note

we've found underutilized laundries and rent from them during their downtimes. >> gabriel didn't want to or have to deal with things like a mortgage or machines that need to be repaired. >> it's turned initial capital expense into an operating cost. it means that when we get more business we pay more. when we have less business we pay less. >> it's the flexibility of not owning real estate that gabriel has noticed the most. >> it makes expansion a lot cheaper and a lot quicker. and it's been really good for us and also really good for the owners of the facilities where we operate. >> developing relationships with community partners has helped cut costs associated with the company's hiring. >> they know what we're looking for in a laundry team member. and as soon as a position comes up, they generally call us up and say hey, we have someone perfect for the job. the goal is to address an underserved population of people who have been out of work for awhile, but are still seeieager get back into the workforce. >> location manager tracy martin is one of the employees gabriel hired. she re

there's some significant underutilization of some of those facilities.efforts have been made to do that, but, frankly, the military services have tended to resist in part because they are not convinced they will get the savings. dod budgets for health care centrally, services feel if they agree to these changes, which are tough interview, they may not get the savings for modernization and training. one of the things dod may need to do is think about changing the way it budgets for health care, giving the money back to the services but requiring that they centrally manage, still centrally run the activities, requiring that they pay for them on a fee-for-service basis. using a structure called working capital funds that are pretty, and dod. maybe that would change incentives and make it easier to streamline these facilities because some of that is going to have a have to happen. and the budget context of been some important successes but we need to recognize that. i hope to see more of that in the press, but there is more to deal with regard to changes in

he said it's a country underutilized. they have plenty of land and great weather. i think the people are going to recognize the fact that their country is underperforming and they're the ones who have been victimized by the castro regime. that's going to come. we saw that with the fall of the communism in europe as the iron curtain fell. people want the type of standard of living they see in their neighbors where they have more open and democratic societies. cuba is close to the united states. it's in our hemisphere. it's our neighbor. it's a country we have a direct interest. it's in our interest for cuba to change. and this policy gives us hope that we'll see a different cuba. >> we have a couple of minutes left and i want to get to, i guess, really in the end the big question as far as the two of you are concerned which is, what can congress do about it? senator johnson, as an opponent, what can you do to block the opening of diplomatic relations and what can you do to block the easing of trade limits? >> first of all, this is another example of president obama

we wanted to grow them and share space -- >> charlie: you were using underutilized space and making it availability charter schools? >> it was critical to what we were doing because in new york real estate is prohibitively expensive. the way we grew a charter secondary from 18 to 180 is by creating space. we wanted to create options. 70,000 to 75,000 families are applying for seats in the charter schools. these are families in harlem, crown heights, the south bronx, not families with lots of options so it speaks volumes, i think. >> charlie: should there be public support of charter schools? >> of course there should be public support. the money basically should follow the child, it shouldn't follow the school. when you can create more options and give families and kids options, that's the right way to do it. what does it matter to me if a kid can get a good education, ps8, that's great, if not and wants to go to a charter, that's great. as chancellor, you want people getting a good education. >> charlie: what should the public sector pay for? the facility or teachers? >> let's say the

the test site operator told us that they were significantly underutilized by faa and the private sector and that they were unclear as to what research and development and operational data was needed by the faa to support the integration initiative. however, our preliminary work suggested that faa has provided some guidance to the test site regarding the needed research and development and data needs. faa officials say the federal law prevents them from tasking the test site for specific data. according to faa and the law does not allow the agency to give directions to the site or accept voluntary services without payment. as we continue our study we we will be trying to better understand the relationship between the test site, faa and the needed research and development and how the test site can achieve the highest and best use. regarding foreign countries as is the case in the us many countries around the world are commercial operations under some restrictions. also similar to the us foreign countries are experiencing problems with illegal and unsafe unmanned systems operation. however

the place is definitely underutilized. i look to the left, and there's this big counter with nothing on it, nothing merchandised on it. it definitely has room for improvement. paul: i mean, this is a great place. i love the job and everything. it's just that sometimes it gets a little bit stressful when you don't know what's going on. lemonis: what kinds of things are you -- paul: like money, really, to be honest with you. sometimes, we're asked if we mind waiting for our checks a week or two. we've had problems paying for product. so we've all pooled our money together on several occasions -- -lemonis: people that work here? -paul: yes. ...and helped them out. lemonis: how much are we talking? 100 bucks? paul: a couple hundred each. lemonis: in what business are the employees actually buying the inventory? they have bills to pay. this business is in real trouble. how are you? gary: good. -lemonis: i'm marcus. -gary: i'm gary. lemonis: gary, nice to meet you. this is an unbelievable location. how long have you been here? -

when i think about this place, i feel like we're underutilizing the assets.ave the machinery, we have the silk screening, we have the embroidery, and we have the facility. and so i'm gonna try to create a bit of an artist section here. think how cool this will be -- artists will be able to come in here and design their own clothing. but i want to create a retail clothing line, so hats, sweatshirts, hoodies, bags, t-shirts. maybe have it represent queens. so i have this idea for a name called queens vibe. fabio: i love it. -lemonis: it's up to you. -fabio: yeah, i got this. -lemonis: all right, buddy. -fabio: thank you. lemonis: one of the things that i wanted to do -- and i don't know if giovanna can help us with this -- is i wanted to see on that list that you gave me -the credit-card statements... -giovanna: i can do that. lemonis: ...because when i see target, it says construction. i don't know what you're building from target, so i want to see what actually went through those credit cards. can you print it out? giovanna: yeah, i'm trying to -- lemonis: ok

thelieve in many cases churches are still way underutilized, particularly in the urban community, because there are so many challenges that they face. i mean, you know, with the incidents of, you know, ferguson it shouldn sanford, bring to all of our attention, this way, thet value of black life, because in these same communities, you know, with regard to life, you also have, you know, high rates abortion. and that's a separate subject in lifeense, but the value of is something that has been eroded. and i think that the church has responsibility in speaking a life, before one comes into this world, while one is here, and at the end of life. and so i would just encourage my years hasthe last ten been involved with engaging in urbanparticularly communities, to value life regardless of whether we're about it from the context of crime and guns or whether we're speaking of it from the context of protecting in the womb.n life johnson, if you'll explain that dichotomy. >> a couple of things. one thing that ken said, i was waiting, hoping that i would have a chance to say this, because i didn't w