Content about Bloomberg Consumer Comfort

May 30, 2013

Consumer sentiment for the week ended May 27 maintained a near five-year high level, according to the Bloomberg Consumer Comfort Index on Thursday.

New York -- Consumer sentiment for the week ended May 27 maintained a near five-year high level, according to the Bloomberg Consumer Comfort Index on Thursday.

Crediting an improving economy and healing personal finances, Americans are expressing continued optimism, as the Index was at minus 29.7 in the period compared with minus 29.4 a week earlier. The margin of error for the figure is 3 percentage points.

According to Bloomberg, views on the current state of the economy matched a mid-April reading as the strongest since January 2008.

January 10, 2013

The Bloomberg Consumer Comfort Index fell to minus 34.4 in the seven days ended Jan. 6 from minus 31.8 the prior period, the biggest one-week drop since August.

Washington, D.C. -- The Bloomberg Consumer Comfort Index fell to minus 34.4 in the seven days ended Jan. 6 from minus 31.8 the prior period, the biggest one-week drop since August. Jobless claims increased by 4,000 to 371,000 in the week ended Jan. 5, according to Labor Department figures.

February 2, 2012

The Bloomberg Consumer Comfort Index revealed that consumer confidence in the U.S. climbed for the second week in a row, suggesting rising optimism about economic issues.

Washington, D.C. -- The Bloomberg Consumer Comfort Index revealed Thursday that consumer confidence in the U.S. climbed for the second week in a row, suggesting rising optimism about economic issues.

The Index rose to minus 44.8 in the period to Jan. 29 from minus 46.4 the previous week. A measure of Americans’ view of the state of economy climbed to the highest since June, according to the report.

September 29, 2011

A report released Thursday by Bloomberg said that consumer confidence in the United States slumped last week to the second-lowest level on record.

New York City -- A report released Thursday by Bloomberg said that consumer confidence in the United States slumped last week to the second-lowest level on record.

The Bloomberg Consumer Comfort Index dropped to minus 53 in the period ended Sept. 25 from minus 52.1 the prior week. Similar readings were reached three times in the first half of 2009 and surpassed only by all-time lows of minus 54 plumbed in November 2008 and again in January 2009.

July 21, 2011

A Bloomberg report on Thursday said that consumer confidence stagnated last week, as the Bloomberg Consumer Comfort Index was minus 43.3 in the period to July 17, the highest since April, compared with minus 43.9 the prior week.

New York City -- A Bloomberg report on Thursday said that consumer confidence stagnated last week, as the Bloomberg Consumer Comfort Index was minus 43.3 in the period to July 17, the highest since April, compared with minus 43.9 the prior week.

The monthly gauge of the economic outlook improved from a two-year low, according to the report.

June 30, 2011

A report released Thursday by Bloomberg said that consumer confidence reached its highest level in 10 weeks, thanks to falling gas prices and despite a 9.1% unemployment rate.

Washington, D.C. -- A report released Thursday by Bloomberg said that consumer confidence reached its highest level in 10 weeks, thanks to falling gas prices and despite a 9.1% unemployment rate.

The Bloomberg Consumer Comfort Index increased to minus 43.9 for the period ended June 26, after dropping to minus 44.9 the prior week. According to the report, falling fuel costs are reducing consumer stress.

March 10, 2011

A report released Thursday showed that consumer confidence fell last week to the lowest level in a month, negatively impacted by rising fuel prices.

Washington, D.C. -- A report released Thursday showed that consumer confidence fell last week to the lowest level in a month, negatively impacted by rising fuel prices.

The Bloomberg Consumer Comfort Index dropped to minus 44.5 in the week ended March 6, from the prior week’s minus 39.7, which was close to the highest in almost three years. Surging gas prices have left Americans concerned about personal finances.

February 24, 2011

A report released Thursday by Bloomberg found that consumer confidence for the week ended Feb. 20 rose to the highest level since April 2008 as Americans grew less pessimistic about their personal finances.

Washington, D.C. -- A report released Thursday by Bloomberg found that consumer confidence for the week ended Feb. 20 rose to the highest level since April 2008 as Americans grew less pessimistic about their personal finances.

The Bloomberg Consumer Comfort Index, formerly the ABC News U.S. Weekly Consumer Comfort Index, was minus 39.2 in the period to Feb. 20, compared with minus 43.4 the prior week, the report showed.

Nearly half (49%) of those polled held positive views on their financial situation, the most in a year.