Confidence among U.S. consumers was little changed last week as gains for top earners helped overcome growing pessimism at the other end of the income scale.
The Bloomberg Consumer Comfort Index was at minus 34 in the period ended April 7 compared with minus 34.1 the prior week. Those earning more than $100,000 were the most optimistic since late 2010, while households earning less than $15,000 were the most pessimistic in three months. [cont.]
Jeanna Smialek, Bloomberg