ext weath Jan2015

ext weath jan15m

 
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Shelton, WA

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Humidity: 89%
  • Better Cell Service For Senior Center

    sc pavilionA commercial grade cell phone booster was installed January in the Pavilion/Mason County Senior Activities Center. “We are happy to announce that those who rent the Pavilion event venue or come to the senior center activities during the day will be pleased to find… Read More +

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  • USCG Search For Plane Crash Survivors

    boat hoodcanalUPDATE: — The Coast Guard suspended the search for a survivor of a plane crash after searching for more than eight hours near Seabeck, Washington, Monday. “Our prayers and heartfelt wishes go out to the friends and loved ones of those affected by this tragedy,”… Read More +

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  2. Legislative Linkup
  • Mariners Sign Veteran Outfielders

    mariners logo5Seattle Mariners Executive Vice President & General Manager of Baseball Operations Jack Zduriencik announced today the club signed veteran outfielders Endy Chavez and Franklin Gutierrez to minor league contracts with invitations to Major League Spring Training.

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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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