Housing Revival Boosts U.S. Outlook as Confidence Gains

Consumer confidence rose to a six- month high and an index of U.S. leading indicators climbed as a nascent housing recovery started to ripple through the world’s largest economy.

The Bloomberg Consumer Comfort Index rose to minus 34.8 in the week ended Oct. 14, the highest level since April, from minus 38.5 the previous week. [cont.]

Elizabeth Dexheimer & Michelle Jamrisko, Bloomberg