The President began his day with his his daily security briefing followed by a meeting with his senior advisors. He then received his daily economic briefing.

The President had lunch with business leaders.

The President then made a public statement on the state of the economy. In his remarks he stated: "But the GDP also revealed that in the last few months, the economy has done measurably better that we had thought -- better than expected. And as many economists will tell you, that part of the progress is directly attributable to the Recovery Act. This and other "

In the afternoon the President and the Vice President then met with Secreatry of State Clinton.

In the evening the President and the Vice President had a reception at Blair House for the members of cabinet.