Cleaning & Restoration Breaking News

Economy grows, consumer attitude surges in March

April 1, 2002
/ Print / Reprints /
/ Text Size+
The economy grew at an annual rate of 1.7 percent, the Commerce Department announced.

WASHINGTON--The economy grew at an annual rate of 1.7 percent, the U.S. Department of Commerce announced. The latest reading shows the expansion was at a faster pace than previously estimated. The Commerce Department ( initially estimated that the economy grew at tiny 0.2 percent rate in the fourth quarter, and a month ago that was revised to a 1.4 percent rate.

According to a University of Michigan conditions index, consumer sentiment in March reached its highest level since December 2000. Its final consumer sentiment index rose to 95.7 from 90.7 in February. Forecasts were for a rise to 95.1.

The university's current conditions index, which measures consumers' attitudes about their present financial situation, surged to 100.4 from 96.2 in February. The expectations index, which tracks Americans' attitudes about the 12 months ahead, jumped to 92.7 from 87.2.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.



Image Galleries

The 2014 Experience Conference and Exhibition

A look in photos at the 2014 Experience Conference and Exhibition, which was held from April 24-26 at the Embassy Suites Convention Center and Spa in Frisco, Texas.

1/27/15 2:00 pm EST

Grow Your Business and Improve Operations with New Payment Technology

Attend this free webinar to learn how new developments in payment technology can help you close more jobs, increase upselling opportunities and improve operations.


While winter is considered the "slow season" for carpet cleaners, it can also be a season of great opportunity. In this episode of The Hitman Advertising Show, John Braun offers advice for keeping revenue consistent during the cold weather months so you're thriving - and not just surviving - the winter.
More Podcasts

ICS Cleaning Specialist Magazine


2014 Nov/Dec

The Nov/Dec ICS features content on how to get better meter readings, a roundtable on truckmount development, neighborhood marketing and more. Also included is the annual Buyer’s Guide and Directory.

Table Of Contents Subscribe

Janitorial Work

In addition to residential and commercial carpet cleaning, do you do any janitorial work on the side?
View Results Poll Archive


The Carpet Cleaner's Book of Unlimited Success! (ebook)

Don’t worry about the recession or about your competition.  Now you can be the owner of over 400 ways for carpet cleaning professionals to make more money and get more jobs!

More Products


Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view


facebook_40.png twitter_40px.png youtube_40px.png


Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view