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Economic Update: Bloomberg Consumer Comfort Index

The Bloomberg Consumer Comfort Index for the week ending 30-September was reported at -36.9, which is above last week’s reading of -39.6 (two weeks ago: -40.8).

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:

• Challenger: Planned Job Cuts Remain Near 21-month Low
  
• ISM Non-Manufacturing Index Improves in September, But...
  
• ADP Report Shows Job Market Improved Modestly in September
  
• ISM Manufacturing Returns to Expansion Mode in September
  
• University of Michigan Consumer Sentiment Improves in September
  
• Chicago PMI Dives Below 50 in September
  
• Personal Income and Spending a Mixed Bag in August
  
• Pending Home Sales Point To a Potential Problem
  
• GDP Growth Rate Revised Down Significantly in Q2
  
• Durable Goods Orders Plunged in August
  
• New Home Sales Steady in August
  
• Richmond Fed Index Surprises to the Upside
  
• Consumer Confidence Surges Higher in September
  
• Case-Shiller Home Price Index Improves for 3rd Straight Month
  
• Philly Fed Index Improves in Sept, But Weakness Persists
  
• LEI Dips in August
  
• Exsiting Home Sales Improve in August
  
• Housing Starts Up in August, Permits Lower
  
• Homebuilder Confidence Up Again in Sept
  
• Industrial Production, Capacity Utilization Decline in August
  
• Retail Sales Improve In August
  
• CPI - Inflation In Line With Consensus
  
• PPI Hotter Than Expected in August
  
• Jobs Report Disappoints in August
  
• U.S. Productivity Improves, Labor Costs Steady

  S&P 500 - Intraday

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