Texas Gov. Rick Perry has told supporters he is dropping his Republican presidential bid Thursday, two sources told CNN. Perry's campaign has scheduled an 11 a.m. ET news conference Thursday in North Charleston, South Carolina.
Perry entered the Republican race in August and immediately jumped to the top of most polls, but a series of poor performances in debates sent his numbers crashing in subsequent surveys.
After a poor showing in the Iowa caucuses, Perry announced he was returning to Texas to "reassess" his campaign but decided a few days later to continue and concentrate his efforts on South Carolina, which holds its primary Saturday.
Perry virtually skipped last week’s New Hampshire primary, where he finished last with 1% of the vote. Most polls in South Carolina show Perry trailing the field, with his poll numbers in single digits.
Watch complete coverage of Perry’s news conference on CNN.com and on CNN TV with analysis from Wolf B litzer, Candy Crowley, John King, Gloria Borger and Suzanne Malveaux.
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