Consumer Confidence Declines to More Than One-Year Low

Consumer confidence eroded for a fifth straight week, reaching the lowest level in more than a year as pessimism about the economy chipped away at views of conditions closer to home. The Bloomberg Consumer Comfort Index fell in the period ended Oct. 27 to minus 37.6, the weakest reading since October 2012, from minus 36.1. CONT.

Ben Schenkel, Bloomberg

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.