(Advertisement)

Rising taxes sap consumer confidence

Posted: January 30, 2013 at 3:07 a.m.

In this Thursday, Jan. 20, 2013, photo, a woman shops at a Nordstrom store in Chicago. U.S. consumer confidence plunged in January to its lowest level in more than a year, reflecting higher Social Security taxes that left Americans with less take-home pay. (AP Photo/Nam Y. Huh)

Consumer confidence fell in January to its lowest level in more than a year, reflecting higher Social Security taxes that left Americans with less take-home pay.

This story is only available from our archives.

Business, Pages 25 on 01/30/2013

(Advertisement)



« Previous Story

Decision time closes in on American-US Airway...

After months of courting, the time is drawing near for Fort Worth-based American Airlines to decide whether to pursue a merger with US Airways, a deal that would have huge ... Read »

Next Story »

Fed seen keeping low-rate strategy

The Federal Reserve, meeting this week, is likely to affirm its message that consumers and businesses will be able to borrow cheaply well into the future — even after unemp... Read »