- Man shot by police ID'd; witness shares his side of story (2/17/17)31
- Settlement reached in accidental shooting case at Kelly High (2/15/17)10
- MSHP: McLendon shot in side; autopsy refutes witness account (2/19/17)23
- Jackson board votes to demolish high school building if bond issue passes (2/15/17)24
- Cape officer shoots man inside a home (2/16/17)7
- Business notebook: Owners ready to roll out the Barrel 131 (2/20/17)3
- Apparent punch at girls basketball game propels lawmaker into action (2/21/17)4
- Former Cape cop indicted on possessing child porn (2/17/17)
- Man dies after being shot by officer; said to have come at cop with knife (2/16/17)29
- Ray's of Kelso to close, then reopen under new ownership (2/16/17)6
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.
On the Net: