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Economic Update: Bloomberg Consumer Comfort Index

The Bloomberg Consumer Comfort Index for the week ending July 15, 2012 was reported at -37.9, which was below the prior week’s reading of -37.5 (two weeks ago: -37.5).

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:

• Housing Starts Higher, Permits Lower in June
  
• Industrial Production Above, Capacity Utilization Below Expectations
  
• CPI Shows Inflation Flat in June
  
• Empire Manufacturing Improves in July
  
• Retail Sales Disappoint in June
  
• PPI Up in June
  
• Import/Export Prices Down in June
  
• NFIB Small Business Optimism Index Pulls Back Again
  
• Jobs Report Disappoints Again in June
  
• ISM Non-Manufacturing Index Disappoints in June
  
• ADP Employment Surprises to Upside
  
• Challenger Planned Job Cuts Best in Year
  
• Factory Orders BTE in May
  
• Construction Spending Above Consensus in May
  
• ISM Manufacturing Plunges in June
  
• Chicago PMI Headline Improves But...
  
• US GDP Grew at +1.9% Rate in Q1
  
• Durable Goods Up for First Time in 3 Mos
  
• Richmond Fed Index Declines for Third Month
  
• Consumer Confidence Falls Again in June
  
• Case-Shiller Home Price Index Improves
  
• Chicago Fed National Activity Index Falls in May

 

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