Bloomberg Consumer Comfort Index Drops for Two Consecutive Weeks

According to Bloomberg’s Consumer Confident Index, consumer sentiment experienced its biggest two-week slump since 2011, falling 1.7 points to 61.2 for the week ending August 11.

The Comfort Index also saw the comfort gauge of the economy slide to 62.9, a decline of 4.6 points, and the personal finances index fall to 65.7.

Bloomberg reported this slide cam among renewed fears of stock market volatility.

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.