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Shelton, WA

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  • I-5 Traffic Woes In Olympia Again This Weekend

    waroadworkI5Drivers are once again being asked to avoid Interstate 5 in Olympia this weekend as crews finish concrete work on the second half of an aging expansion joint spanning the roadway. Many people took the Washington State Department of Transportation’s advice… Read More +

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  • Millions Expected In Pot Taxes Through 2019

    maryjanemoneyEconomic forecasters are predicting that the state's legal recreational marijuana market is expected to bring in about $636 million to state coffers through the middle of 2019. The forecast by the Economic and Revenue Forecast Council showed that just over $25… Read More +

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  • Morrison's HR In 9th Puts M's Past Angels 3-1

    mariners400Logan Morrison hit a three-run homer with two outs in the ninth inning that broke a scoreless tie, and the Seattle Mariners boosted their wild-card hopes with a 3-1 victory over the Los Angeles Angels on Thursday night. With just their third win in nine games, the Mariners pulled within one game of the slumping Oakland Athletics for the second AL wild-card spot.

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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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Tweets

cityofolympia
cityofolympia - HEADS UP. It's slow going on Harrison/4th into DT again as people avoid #I5Olywork. You know the drill-be patient, only a couple more days.

2 hours ago

SoundersFC
SoundersFC - Congrats to @runwithwes for winning this STM Weekly Rave Reward. Thank you Museum Quality Framing! pic.twitter.com/vY641UbZm5

2 hours ago

secstatewa
secstatewa - .@BradShannon2 WA Investment Board accounts include coal & oil. tinyurl.com/q98e6n4

2 hours ago

wsdot_tacoma
wsdot_tacoma - Cleared: Disabled vehicle on I-5 SB near East L St at mp 135

2 hours ago

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