Thursday, May 23 2013 11:45 PM EDT2013-05-24 03:45:38 GMT
A Cordele man is out of jail tonight, accused of stealing thousands of dollars worth of jewelry from his former employer. Crisp County Investigators say 25-year-old James Aultman stole more than $10,000More >>
A Cordele man is out of jail tonight, accused of stealing thousands of dollars worth of jewelry from his former employer.More >>
Thursday, May 23 2013 11:40 PM EDT2013-05-24 03:40:13 GMT
Albany Police are putting on a free gospel concert this weekend. It's free, but they will accept donations to fund the department's annual community picnic in June. Musical artists from around SouthMore >>
Albany Police are putting on a free gospel concert this weekend.More >>
Thursday, May 23 2013 11:35 PM EDT2013-05-24 03:35:30 GMT
A couple of South Georgia mayors attended a forum at the Albany Civil Rights Institute to enlighten the public on how city governments run, Thursday. Albany Mayor Dorothy Hubbard and Baconton Mayor AnnetteMore >>
A couple of South Georgia mayors attended a forum at the Albany Civil Rights Institute to enlighten the public on how city governments run, Thursday.More >>
Thursday, May 23 2013 11:28 PM EDT2013-05-24 03:28:35 GMT
Law enforcement agencies in Albany and Dougherty County are teaming up and strategically hitting the streets to make sure you stay safe this summer. Operation Takeback is a summer-long program to catchMore >>
Law enforcement agencies in Albany and Dougherty County are teaming up and strategically hitting the streets to make sure you stay safe this summer.More >>
Thursday, May 23 2013 7:43 PM EDT2013-05-23 23:43:51 GMT
Workers at the Marine Corps Logistics Base will be returning to work Friday. Many of the Marine base workers were sent home Thursday following a rupture to the bases main water line. One of the waterMore >>
Workers at the Marine Corps Logistics Base will be returning to work Friday. Many of the Marine base workers were sent home Thursday following a rupture to the bases main water line.More >>
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SOURCE The Conference Board
Index Drops Eight Points
NEW YORK, March 26, 2013 /PRNewswire/ -- The Conference Board Consumer Confidence Index®, which had improved in February, declined in March. The Index now stands at 59.7 (1985=100), down from 68.0 in February. The Present Situation Index decreased to 57.9 from 61.4. The Expectations Index declined to 60.9 from 72.4 last month.
The monthly Consumer Confidence Survey®, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. The cutoff date for the preliminary results was March 14.
Says Lynn Franco, Director of Economic Indicators at The Conference Board: "Consumer Confidence fell sharply in March, following February's uptick. This month's retreat was driven primarily by a sharp decline in expectations, although consumers were also more pessimistic in their assessment of current conditions. The loss of confidence, particularly expectations, mirrors the losses experienced this past December and January. The recent sequester has created uncertainty regarding the economic outlook and as a result, consumers are less confident."
Consumers' appraisal of current conditions declined in March. Those saying business conditions are "good" decreased to 16.0 percent from 17.6 percent, while those stating business conditions are "bad" increased to 29.3 percent from 28.2 percent. Consumers' assessment of the labor market was mixed. Those claiming jobs are "plentiful" decreased to 9.4 percent from 10.1 percent, but those claiming jobs are "hard to get" edged down to 36.2 percent from 36.9 percent.
Consumers are once again pessimistic about the short-term outlook. Those expecting business conditions to improve over the next six months decreased to 14.4 percent from 18.0 percent, while those anticipating business conditions to worsen increased to 18.3 percent from 16.6 percent.
Consumers' outlook for the labor market was also less favorable. Those expecting more jobs in the months ahead declined to 12.3 percent from 16.1 percent, while those expecting fewer jobs increased to 26.6 percent from 22.1 percent. The proportion of consumers expecting their incomes to increase fell to 13.7 percent from 15.8 percent, while those expecting a decrease edged down to 18.0 percent from 19.3 percent.
Source: March 2013Consumer Confidence Survey® The Conference Board