MARC AARONS OF MONEY MANAGERS INC Presents: 2nd QUARTERLY 2014 ECONOMIC UPDATE
DOMESTIC ECONOMIC HEALTH The quarter ended with a major jump in consumer confidence. The Conference Board’s index reached 82.3 in March, up 4.0 points in a month. Consumer spending improved too, rising 0.2% in January and 0.3% in February. (In a contrasting note, the University of Michigan’s consumer sentiment index slipped 2.5 points across the quarter to a final March mark of 80.0.)2,3 Manufacturing and service sectors continued to expand, according to the Institute for Supply[…]