Bloomberg Weekly Consumer Comfort Index
The Bloomberg Consumer Comfort index fell last week to -53.2 from -51.1 a week earlier.
Following is a table with the latest survey results:
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Oct. 30 Oct. 23 Oct. 16 Oct. 9 Oct. 2 Sept. 25
2011 2011 2011 2011 2011 2011
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Overall index -53.2 -51.1 -48.4 -50.8 -50.2 -53.0
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State of Economy -90.2 -90.0 -85.8 -87.1 -84.3 -86.4
Positive Net 5 5 7 6 8 7
Excellent 1 1 2 2 2 1
Good 4 4 5 5 6 6
Negative Net 95 95 93 94 92 93
Not-so Good 41 38 36 36 37 39
Poor 55 57 57 58 55 54
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Oct. 30 Oct. 23 Oct. 16 Oct. 9 Oct. 2 Sept. 25
2011 2011 2011 2011 2011 2011
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Personal Finances -16.2 -11.6 -7.7 -11.5 -9.1 -11.6
Positive Net 42 44 46 44 46 44
Excellent 5 6 7 6 6 5
Good 37 38 40 38 39 40
Negative 58 56 54 56 55 56
Not-so Good 36 35 33 34 36 38
Poor 22 21 21 22 18 18
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Buying Climate -53.3 -51.8 -51.5 -53.7 -57.3 -61.0
Positive Net 23 24 24 23 21 20
Excellent 2 3 3 3 2 1
Good 21 21 21 20 19 19
Negative 77 76 76 77 79 81
Not-so Good 47 47 48 47 48 50
Poor 30 29 28 30 30 30
Demographic Data Follows (see ALLX COMF for data tickers):
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Oct. 30 Oct. 23 Oct. 16 Oct. 9 Oct. 2 Sept. 25
2011 2011 2011 2011 2011 2011
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------------------------ Sex ------------------------
Men -49.7 -47.1 -46.3 -49.0 -48.5 -51.2
Women -56.5 -54.9 -50.3 -52.5 -51.8 -54.7
------------------------ Age ------------------------
18-34 -55.3 -52.3 -45.3 -48.1 -47.7 -52.9
35-44 -49.6 -56.5 -54.8 -58.7 -53.5 -54.6
45-54 -58.0 -52.2 -55.5 -51.6 -50.5 -54.4
55-64 -54.8 -50.0 -45.0 -50.6 -54.0 -51.7
65+ -46.9 -43.3 -40.3 -45.5 -47.6 -50.0
----------------------- Region ----------------------
NorthEast -50.2 -47.9 -50.3 -52.4 -45.0 -43.8
MidWest -48.1 -49.7 -48.5 -55.0 -57.8 -54.7
South -56.5 -50.5 -44.0 -44.6 -44.8 -53.6
West -55.2 -56.0 -53.5 -55.4 -55.8 -57.8
------------------------ Race -----------------------
White -52.5 -50.3 -48.5 -49.5 -50.4 -51.5
Black -48.5 -57.7 -57.0 -64.8 -54.4 -57.0
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Oct. 30 Oct. 23 Oct. 16 Oct. 9 Oct. 2 Sept. 25
2011 2011 2011 2011 2011 2011
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----------------------- Income ----------------------
<$15K -78.6 -74.1 -71.2 -70.2 -64.8 -79.9
$15K To $24.9K -83.6 -79.8 -65.8 -70.8 -70.6 -72.3
$25K To $39.9K -53.3 -62.3 -55.0 -55.4 -63.5 -53.1
$40K To $49.9K -46.9 -50.5 -51.7 -58.9 -55.9 -58.0
$50K+ -34.0 -32.4 -33.9 -39.5 -32.9 -35.2
$50K To $74K -54.1 -49.2 -52.1 -63.0 -56.9 -54.3
$75K To $99K -32.9 -37.2 -36.1 -38.6 -25.1 -28.6
$100K+ -13.9 -11.5 -11.1 -9.2 -7.6 -11.2
------------------ Political Party ------------------
Republican -51.4 -45.6 -43.4 -41.3 -39.3 -44.3
Democrat -45.3 -48.8 -43.4 -42.8 -46.9 -52.9
Independent -57.6 -55.8 -56.1 -60.9 -58.7 -55.1
--------------------- Education ---------------------
<HS -58.7 -60.1 -54.9 -60.4 -69.7 -74.1
HS Grad -63.5 -60.9 -56.3 -63.2 -63.0 -63.8
Coll+ -46.1 -43.1 -41.4 -40.1 -36.2 -40.0
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Oct. 30 Oct. 23 Oct. 16 Oct. 9 Oct. 2 Sept. 25
2011 2011 2011 2011 2011 2011
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------------------- Homeownership -------------------
Own -50.3 -49.4 -47.6 -50.2 -48.7 -49.5
Rent -59.8 -56.1 -50.7 -52.9 -55.1 -63.0
------------------- Martial Status ------------------
Single -56.7 -55.6 -45.4 -50.0 -47.4 -57.2
Married -45.2 -43.5 -45.6 -47.8 -47.9 -48.0
Sep/Wid/Div -66.4 -63.1 -60.6 -60.7 -60.6 -60.2
--------------------- Employment --------------------
Full-Time -43.6 -43.0 -41.9 -45.2 -42.0 -41.3
Part-Time -53.9 -51.3 -47.7 -56.7 -64.8 -72.2
Not Employed -60.8 -58.1 -54.7 -54.7 -55.1 -61.1
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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 6.1 -3.2 0.0 -1.5 -7.6 -8.6
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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. 30. 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: Kristy Scheuble in Washington at kmckeaney@bloomberg.net
To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net
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