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Bloomberg Consumer Comfort Pulls Back

by The "State" Team

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Economic Update: Bloomberg Consumer Comfort Index

The Bloomberg Consumer Comfort Index for the week ending 7-October was reported at -38.5, which is worse than last week’s reading of -36.9 (two weeks ago: -39.6).

Why do you care? Remember, the U.S. consumer accounts for more than 70% of U.S. GDP. So, if you think the economy matters to the stock market (we do), then you’d best stay on top of what the John Q Public is thinking and doing.

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Other stories on the US Economy to review:

 

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