Saturday, July 26, 2014





US consumers' outlook improved in late January


February 20. 2013 4:34AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) A survey released Friday shows Americans' outlook for the economy picked up in late January, suggesting an improving job market may offset the impact of higher taxes.


The University of Michigan's final January survey of consumer sentiment rose to 73.8. That's up from a preliminary reading of 71.3, released on Jan. 18. And it's slightly better than December's reading of 72.9.


The preliminary survey reflected consumers' initial reaction to an increase in Social Security taxes, which took effect in early January. A separate survey from the Conference Board also showed consumer confidence fell in January because of the tax increase.


On Friday, the government said the economy added 157,000 jobs in January and hiring was stronger at the end of 2012 than previously thought.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds