partlycloudy
Thursday May 26th, 2016 4:34PM

Steady job growth boosts US consumer confidence

By The Associated Press
WASHINGTON (AP) -- Strong job growth lifted U.S. consumer confidence this month, as Americans looked past the economy's dismal first quarter performance.<br /> <br /> The University of Michigan says that its index of consumer sentiment rose slightly to 82.5 in June from 81.9 in May. That is still below April's reading of 84.1, which had been the highest in almost a year.<br /> <br /> The reading suggests consumers shrugged off the economy's first quarter contraction. Still, the survey was conducted before the government said the economy shrank much more than previously estimated, at an annual rate of 2.9 percent rather than 1 percent.<br /> <br /> And better confidence hasn't yet translated into more spending.<br /> <br /> Steady hiring is improving American's finances, the survey found. Forty percent of respondents said their finances had improved in June, the most in seven years.
© Copyright 2016 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 1 year ago )
High court to adopt electronic filing of cases
The Supreme Court is belatedly developing an electronic filing system similar to those used in courts around the country, Chief Justice John Roberts said Wednesday in his annual end-of-year report.
7:57PM ( 1 year ago )
Storm brings snow, cold to West for New Year's
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
5:19PM ( 1 year ago )
U.S. News
State DOT awards $48M contract for NE Ga. road project
The state Department of Transportation has awarded a $47.8 million contract for nine miles of work on a northeast Georgia road.
9:37AM ( 1 year ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 1 year ago )
Hall County conviction, sentencing to be reviewed by SCOGA
The State Supreme Court has agreed to hear the appeal of a Hall County man when they reconvene in January.
2:37PM ( 1 year ago )
Maysville man dies from Banks County wreck
The Georgia State Patrol reports that alcohol and/or drugs were factors a single-vehicle wreck that claimed the life of a Maysville man in Banks County Tuesday night.
11:07AM ( 1 year ago )
Local/State News
Two arrested in separate Gainesville child porn investigations
Two Gainesville men were arrested in separate investigations for child pornography Wednesday.
4:08PM ( 26 minutes ago )
Six injured in multi-car crash on Dawsonville Highway
Six people were transported to the hospital — one by air ambulance — following a multi-car crash Thursday afternoon on Dawsonville Highway.
3:48PM ( 46 minutes ago )
State patrol chopper practices water drops on Lanier island fire
​A Georgia State Patrol helicopter dumped water on an island fire in Lake Lanier yesterday (Wednesday) afternoon, but not to extinguish it.
1:44PM ( 2 hours ago )
Trump reaches the magic number to clinch nomination
Donald Trump has reached the number of delegates needed to clinch the Republican nomination for president, completing an unlikely rise that has upended the political landscape and sets the stage for a bitter fall campaign
10:45AM ( 5 hours ago )
Four Hall County schools among those in the area to receive state's Greatest Gains awards
More than 187 Georgia public schools - including four in Hall County - will receive the state's Highest Performing or Greatest Gains school awards.
By AccessWDUN staff
9:52AM ( 6 hours ago )