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Consumer Comfort Ticks Down

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MARKET JITTERS CAUSE NATIONAL OUTLOOK TO DETERIORATE

|| By FITSNEWS || A wild week for U.S. stock markets sent a key consumer comfort measure slipping …

Bloomberg’s Consumer Comfort Index (CCI) – which measures consumer comfort on a scale of zero to 100 – dipped from 42 to 41.4 last week.  It’s not a significant decline, but it stopped three weeks of upward motion.

More ominously, the measure’s “national economy” subindex suffered a 1.9 point drop – its largest decline since February.

Add it all up and you’ve got a whole lot of “eh.”

“A disappointing spring and summer for the Bloomberg index dampened what had been a strong September-to-January rally,” the data crunchers noted.

Here’s the index itself …

cci

And here are its three sub-indices …

cci sub

 

Produced by Langer Research Associates, CCI data is based on 1,000 national random-sample landline and cellular telephone interviews, 250 per week (in a four-week rolling average).  It’s been compiled weekly since December 1985.

For the full report in .pdf form, click here.

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