Morning Briefs

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JACKSONVILLE'S ECONOMY BETTER, INDICATORS SHOW

Jacksonville's economic outlook is getting better, but consumers may also see rising prices in the coming months, according to the University of North Florida's Local Economic Indicators Project, or LEIP.

LEIP said Thursday its Leading Economic Index for the Jacksonville area rose by 0.59 points to 104.30 in January, reversing a 0.19-point drop in the index in December.

LEIP also said its Consumer Price Index for the area, after barely rising at all in 2010, rose by a seasonally-adjusted 0.28 points to 108.72 in January. If the index continues to rise by that much throughout 2011, that would translate into an …