Consumer Comfort in U.S. Held Last Week Close to Five-Year High
By Shobhana Chandra - Apr 25, 2013 9:45 AM ET
Consumer sentiment last week held close to a five-year high as Americans gained confidence their financial situation was mending, a sign the biggest part of the economy will keep expanding.
The Bloomberg Consumer Comfort Index fell to minus 29.9 in the week ended April 21 from the prior period’s minus 29.2 that was the highest since January 2008. The decline was within the margin of error of 3 percentage points. Households were the most optimistic about their finances in 10 months.
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