Consumer sentiment declined last week from a five-year high as Americans grew more pessimistic about the prospects for the world’s largest economy. The Bloomberg Consumer Comfort Index fell to minus 28.4 in the period ended July 14, its first drop in five weeks, from minus 27.3 a week earlier. [cont.] […] Read more »

After nearly reaching positive territory in June, Gallup’s Economic Confidence Index descended to -12 last week, the lowest reading since late April. However, confidence remains higher than the -22 reading from early March — the low point this year — recorded as the public reacted to Congress’ failure to avert […] Read more »

Consumer sentiment waned slightly in early July, as Americans were more optimistic about current economic conditions than they have been in six years, but that was offset by a decline in confidence over the recovery’s prospects, a survey released on Friday showed. The Thomson Reuters/University of Michigan’s preliminary reading on […] Read more »

Consumer sentiment climbed for a fourth straight week, reaching the highest level in more than five years as Americans grew more upbeat about their finances. The Bloomberg Consumer Comfort Index (COMFCOMF) improved to minus 27.3 in the period ended July 7, its highest level since January 2008, from minus 27.5 […] Read more »

Gallup’s U.S. Economic Confidence Index was -9 for the week ending July 7, on par with scores from the past month. The index has been slightly lower since reaching a five-year weekly high of -3 in late May and early June. Still, confidence has generally improved from levels Gallup has […] Read more »