The latest news of interest to multifamily housing investors in Oregon and Washington.
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Tuesday, January 26, 2010
Consumer Confidence up in January
The Consumer Confidence Index rose 2.3 points in January to 55.9, its highest level in 17 months. Both the present situation and expectations series increased while labor market conditions improved slightly.
Wells Fargo reported "We view the Consumer Confidence Index as a key truth detector of economic conditions."