Tuesday, January 24, 2012
American Consumers’ Confidence Gains in Sign Spending May Hold Up
Posted by Linda H on 6:30:00 AM
The lowest jobless rate in almost three years and cheaper gasoline prices since mid-2011 are giving Americans reason to be more upbeat. While the pickup in optimism will probably help sustain household purchases, limited wage gains and falling real estate values may temper the consumer spending that accelerated in the fourth quarter.
“You get better job growth, people hear about it and you get better sentiment and better spending,” said Maury Harris, chief economist at UBS Securities LLC in New York, whose team was the most accurate in forecasting the U.S. economy in the two years through September. Purchases early in 2012 “may not be quite as strong as the fourth quarter, but I still think you have an acceptable year in consumer spending,” he said.
Nine Million Smart Meters Installed Nationwide
Posted by Linda H on 6:05:00 AM
As part of the Department of Energy’s Recovery-funded efforts to accelerate the modernization of the country’s electric grid, approximately nine million smart meters have already been installed in homes and businesses nationwide. Ultimately, DOE’s goal is to have 15.5 million installed.Smart meters are available through participating utility companies at no charge to home or business owners. Contact your electricity provider for details.
President Obama's Program Supports the "Insourcing" of American Jobs
Posted by Linda H on 6:05:00 AM
Apple Needs to Make it in America
