Bloomberg Weekly Consumer Comfort Index
The Bloomberg Consumer Comfort index fell last week to -50.8 from -50.2 a week earlier.
Following is a table with the latest survey results:
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Oct. 9 Oct. 2 Sept. 25 Sept. 18 Sept. 11 Sept. 4
2011 2011 2011 2011 2011 2011
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Overall index -50.8 -50.2 -53.0 -52.1 -49.3 -49.3
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State of Economy -87.1 -84.3 -86.4 -88.9 -86.6 -88.7
Positive Net 6 8 7 6 7 6
Excellent 2 2 1 1 1 0
Good 5 6 6 5 6 5
Negative Net 94 92 93 94 93 94
Not-so Good 36 37 39 44 44 44
Poor 58 55 54 51 49 51
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Oct. 9 Oct. 2 Sept. 25 Sept. 18 Sept. 11 Sept. 4
2011 2011 2011 2011 2011 2011
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Personal Finances -11.5 -9.1 -11.6 -7.5 -0.7 -5.8
Positive Net 44 46 44 46 50 47
Excellent 6 6 5 5 5 5
Good 38 39 40 41 44 42
Negative 56 55 56 54 50 53
Not-so Good 34 36 38 39 35 32
Poor 22 18 18 15 16 21
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Buying Climate -53.7 -57.3 -61.0 -59.9 -60.7 -53.5
Positive Net 23 21 20 20 20 23
Excellent 3 2 1 1 1 1
Good 20 19 19 19 18 22
Negative 77 79 81 80 80 77
Not-so Good 47 48 50 52 54 50
Poor 30 30 30 28 26 27
Demographic Data Follows (see ALLX COMF for data tickers):
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Oct. 9 Oct. 2 Sept. 25 Sept. 18 Sept. 11 Sept. 4
2011 2011 2011 2011 2011 2011
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------------------------ Sex ------------------------
Men -49.0 -48.5 -51.2 -51.3 -48.4 -47.5
Women -52.5 -51.8 -54.7 -52.8 -50.2 -51.1
------------------------ Age ------------------------
18-34 -48.1 -47.7 -52.9 -52.9 -43.3 -49.1
35-44 -58.7 -53.5 -54.6 -52.4 -55.0 -46.3
45-54 -51.6 -50.5 -54.4 -52.4 -54.0 -55.3
55-64 -50.6 -54.0 -51.7 -52.8 -45.8 -41.4
65+ -45.5 -47.6 -50.0 -49.2 -52.0 -53.8
----------------------- Region ----------------------
NorthEast -52.4 -45.0 -43.8 -40.1 -33.6 -41.7
MidWest -55.0 -57.8 -54.7 -49.0 -45.4 -42.2
South -44.6 -44.8 -53.6 -55.2 -57.1 -57.4
West -55.4 -55.8 -57.8 -59.7 -53.6 -49.6
------------------------ Race -----------------------
White -49.5 -50.4 -51.5 -50.3 -49.6 -48.1
Black -64.8 -54.4 -57.0 -59.9 -50.6 -60.9
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Oct. 9 Oct. 2 Sept. 25 Sept. 18 Sept. 11 Sept. 4
2011 2011 2011 2011 2011 2011
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----------------------- Income ----------------------
<$15K -70.2 -64.8 -79.9 -80.4 -80.9 -90.8
$15K To $24.9K -70.8 -70.6 -72.3 -77.8 -73.4 -69.9
$25K To $39.9K -55.4 -63.5 -53.1 -55.0 -67.8 -51.9
$40K To $49.9K -58.9 -55.9 -58.0 -56.8 -54.2 -63.6
$50K+ -39.5 -32.9 -35.2 -34.9 -27.9 -30.7
$50K To $74K -63.0 -56.9 -54.3 -49.9 -36.2 -37.3
$75K To $99K -38.6 -25.1 -28.6 -33.9 -27.7 -39.5
$100K+ -9.2 -7.6 -11.2 -13.7 -18.1 -18.2
------------------ Political Party ------------------
Republican -41.3 -39.3 -44.3 -39.1 -40.3 -48.4
Democrat -42.8 -46.9 -52.9 -57.0 -58.3 -62.2
Independent -60.9 -58.7 -55.1 -51.4 -44.1 -41.9
--------------------- Education ---------------------
<HS -60.4 -69.7 -74.1 -76.2 -79.6 -68.1
HS Grad -63.2 -63.0 -63.8 -63.3 -53.2 -51.4
Coll+ -40.1 -36.2 -40.0 -38.9 -38.9 -43.4
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Oct. 9 Oct. 2 Sept. 25 Sept. 18 Sept. 11 Sept. 4
2011 2011 2011 2011 2011 2011
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------------------- Homeownership -------------------
Own -50.2 -48.7 -49.5 -47.1 -45.4 -45.5
Rent -52.9 -55.1 -63.0 -65.6 -61.6 -62.6
------------------- Martial Status ------------------
Single -50.0 -47.4 -57.2 -59.6 -53.4 -53.2
Married -47.8 -47.9 -48.0 -45.2 -43.9 -43.6
Sep/Wid/Div -60.7 -60.6 -60.2 -58.8 -59.1 -61.7
--------------------- Employment --------------------
Full-Time -45.2 -42.0 -41.3 -41.4 -38.0 -36.2
Part-Time -56.7 -64.8 -72.2 -62.3 -60.1 -53.5
Not Employed -54.7 -55.1 -61.1 -61.4 -59.5 -61.6
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Polarization index: This is the difference in consumer confidence
between Democrats and Republicans. The larger the absolute figure,
the greater the divergence in confidence.
Dem.-Rep. Spread -1.5 -7.6 -8.6 -17.9 -18.0 -13.8
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The CCI is reported in a four-week rolling average; this week’s results are based on telephone interviews among a random national sample of 1,000 adults in the four weeks ending Oct. 9. The results have a 3-point error margin. Field work by SSRS/Social Science Research Solutions of Media, Pa.
The index is derived by subtracting the negative response to each index question from the positive response to that question. The three resulting numbers are added and divided by three.
The index can range from +100 (everyone positive on all three measures) to -100 (all negative on all three measures). The survey began in December 1985.
Survey questions: Would you describe the state of the nation’s economy these days as excellent, good, not so good, or poor?
Would you describe the state of your own personal finances these days as excellent, good, not so good, or poor?
Considering the cost of things today and your own personal finances, would you say now is an excellent time, a good time, a not so good time or a poor time to buy the things you want and need?
SOURCE: Bloomberg News
To contact the reporter on this story: Alex Tanzi in Washington at atanzi@bloomberg.net
To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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