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Economic Update: Bloomberg Consumer Comfort Index

The Bloomberg Consumer Comfort Index for the week ending 19-August was reported at -47.4, which is below the prior week’s reading of -44.4 (the reading from two weeks ago was: -39.7).

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:

• Flash Manufacturing PMI Improves Slightly in August
  
• Existing Home Sales Rebound in July
  
• LEI Above Expectations in July
  
• Philly Fed Index Upticks but is below Zero Again
  
• Housing Starts Down and Building Permits Up in July
  
• Industrial Production, Capacity Utilization Up in July
  
• Empire Manufacturing Dives in August
  
• CPI Remained Flat in July
  
• Retail Sales Rebound in July
  
• PPI Hotter Than Expected in July
  
• NFIB Small Business Optimism Sags
  
• Wholesale Inventories Decline - And Yes, you should Care
  
• Q2 Worker Productivity and Labor Costs Rise
  
• ISM Services Perks Up
  
• Job Growth Improves in July
  
• Factory Orders Miss Mark in June
  
• Challenger Planned Job Cuts Drop in July
  
• ISM Manufacturing Still Sub-50 in July
  
• ADP Employment Report Surprises to Upside in July
  
• Consumer Confidence Perks Up in July, But...
  
• Chicago PMI Headline BTE, But Employment Dives
  
• Personal Income Up, Spending Flat in June
  
• GDP Slows to 1.5% in Q2
  
• Pending Home Sales Down in June
  
• Durable Goods Up on Transportation Orders

  S&P 500 - Intraday

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