National

Recent Gains Keep Consumer Confidence Warm in January

ANN ARBOR–(ENEWSPF)–January 31, 2014.  Consumer confidence edged downward in January, although the overall falloff was minor, according to the Thomson Reuters/University of Michigan Surveys of Consumers.

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Conducted by the U-M Institute for Social Research since 1946, the surveys monitor consumer attitudes and expectations.

Unfortunately, in the months ahead larger-than-normal home heating bills caused by the frigid weather will strain budgets across the country, with the greatest negative impact on lower income households, according to U-M…

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