News

US consumer comfort tumbles to lowest since August on revived virus fears

Soaring COVID-19 case counts throughout the US dragged consumer confidence to an eight-week low. Bloomberg’s index of consumer comfort fell to 46.3 last week from 46.6, its lowest level since August. The decline follows steady gains in September and comes as rising coronavirus cases revive concerns of another economic shutdown. […]
US consumer comfort tumbles to lowest since August on revived virus fears
Markets

US consumer confidence hits highest level since 2000

US consumers are the most comfortable with the economy since October 2000, according to new Bloomberg survey data. A metric tracking respondents’ economic sentiment notched its best reading since early 2001. The more than 19-year consumer-comfort high arrives amid new records for the US stock market and a historically low […]
US consumer confidence hits highest level since 2000