U.S. consumer comfort index dropped to the lowest level in 4 months

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Source: Bloomberg
Bloomberg consumer comfort index in the U.S. dropped by 3.2 to the record low -43.6 in the week from May 6th to 13th. This was the fourth consecutive weekly decline in the index as the level of around -40 is associated with recession in economy. All components of the index fell as well. Personal finance dropped from -11.2 to -12.9 and reached the weakest level since November. Consumer's perception of good or bad time it is to buy fell to -48.2, the lowest level in three months. View of overall state of economy fell to -69.6, the lowest level in one and a half month.
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Fri, 18 May 2012 06:52:32 GMT

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