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Comfort gauge rebounds further
The ABCNews/Money magazine Consumer Comfort Index rose to -17 last week from -21 the prior week, gaining for a second week after sinking from a 21-month high of -3 in mid-Jan. Of those polled, 31% say the economy's in good shape and 39% say it's a good time to shop, both up 2 points in the week. Now, 54% say their own finances are healthy, up from 53%.
Mortgage demand slips in week
The Mortgage Bankers Association's gauge of mortgage demand eased modestly for a second week, falling 2.1% to 1,091.3 last week. The gauge of refinancing activity fell 2.6% to 4,857.6. The index of requests for mortgages to buy a home slipped 1.1% to 443.8. The dip in activity came as 30-year fixed mortgage rates rose 11 basis points to 5.49%.
** The Labor Dept. will release the delayed Feb. producer price index on Thursday.
Bad managers result in job flight
The Hudson Employment Index, based on a survey of 9,000 workers, fell to 106.8 in ...