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  • Local Man Accused Of Diverting Mason County River

    riverbedThe state attorney general's office has accused a 55-year-old Mason County man of using an excavator to fill and divert the Tahuya River without a permit. William Cayo Sr. was charged in Mason County District Court on Thursday with three misdemeanor… Read More +

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  • Tacoma Mailman Pleads Not Guilty To Harassment

    mailmanA Tacoma mailman has pleaded not guilty to charges he harassed and groped women on his route. The News Tribune reports bail was set at $35,000 during an arraignment Thursday in Pierce County Court for Robert Joseph Taitano. He was arrested… Read More +

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  • Seattle Picks Up 2015 Option On Iwakuma

    Iwakumajune10The Seattle Mariners will have right-hander Hisashi Iwakuma under contract for the 2015 season. The Mariners announced Thursday that Iwakuma's $7 million option was vested based on his on-field performance. Iwakuma missed the first month of the 2014 season but went 15-9 with a 3.52 ERA in 28 starts. In 91 career games with Seattle, Iwakuma is 38-20 with a 3.07 ERA.

    Read More
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Consumer Confidence Dips Due to Job Concerns

b_250_0_16777215_00_images_obgrabber_2013-09_0b9ce7a654.jpgRyan McVay/Thoinkstock (NEW YORK) -- How Americans feel about their jobs is affecting consumer confidence. What they've been seeing lately is employers holding back on new hires as well being stingy about raises. Accordingly, the New York-based Conference Board says its confidence index this month stands at 79.7, down from 81.8 in August.

The index is a measure on how consumers feel about their financial state.  Since spending drives about 70 percent of the national economy, it's an important barometer of where things may be headed in the near future.

Typically, a consumer confidence index of 90 or above suggests the economy is healthy.  During the depths of the Great Recession, it fell to under 29. Reaching the threshold of what constitutes a strong healthy economy could still be a long time in coming with unemployment still high and the federal government continuing to make spending cuts spurred along by the ongoing sequester.

Copyright 2013 ABC News Radio

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