Consumer sentiment steadied for the first time in two months this week, a respite from its steepest fall on record in 34 years of the Bloomberg Consumer Comfort Index.
At 35.8 on its 0-100 scale, the CCI is a non-significant 1.1 points off last week’s level after falling each week since March 22, including a record-smashing 6.4 points in the first week of April. It’s down 27.2 points since mid-March and 31.5 points from its 20-year high in mid-January, unprecedented drops in weekly results since late 1985. CONT.
Langer Research Associates
The OPINION TODAY email newsletter is a concise daily rundown of significant new poll results and insightful analysis. It’s FREE. Sign up here: opiniontoday.substack