Americans’ View on Economic Outlook Improves to Four-Month High

Americans’ view of the economic outlook improved in September as stock prices rallied to a five- year high.

The gap between positive and negative expectations narrowed to minus 8 this month, the highest reading since May, as the percentage saying the U.S. was heading in the wrong direction dropped by the most in three years, according to results of the Bloomberg Consumer Comfort Index. [cont.]

Elizabeth Dexheimer, Bloomberg