- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)42
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Missouri House votes to allow concealed weapons without permits (04/28/16)6
- Two hurt in motorcycle wreck on Interstate 55 (04/25/16)1
- Law firm requests information about Cape's traffic cameras (04/25/16)2
- Local lawmakers split over failed medical marijuana bill; voters may have a say (04/26/16)19
- Police report filed, but no charges in incident at Cape Central (04/29/16)31
- Tanker truck catches fire near Oak Ridge (04/24/16)7
- Local company makes eco-friendly kitty litter that cuts cat-box smell (04/25/16)
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
Board - Consumer confidence steady but still stagnant
NEW YORK -- Consumer confidence was stagnant in March amid lingering worries about the job market.
The Conference Board reported Tuesday that its consumer confidence index slipped to 88.3 this month from a revised 88.5 in February. The February reading was down sharply from 97.7 in January.
The March reading -- the lowest level since October, when it reached 81.7 -- was slightly better than analysts had expected, in light of the terrorist bombings in Madrid.
Economists closely follow consumer confidence because consumer spending accounts for two-thirds of all economic activity in the United States.
In the survey, consumers claiming jobs are "hard to get" increased to 30 percent from 28.9 percent. But those saying jobs are "plentiful" rose slightly to 14.7 percent from 14.5 percent.
On Wall Street, stocks staged a late afternoon advance. The Dow Jones industrial average was up 52 points at 10,382. The Standard & Poor's 500 index climbed 5 points to 1,127, and the Nasdaq composite index rose 8 points to 2,001.
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