Consumer Comfort in U.S. Falls to Lowest Level Since November
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Consumer confidence in the U.S. slipped last week to a six-month low as views of the buying climate softened, indicating a re-acceleration in household spending may be slow to materialize.
The Bloomberg Consumer Comfort Index fell to 40.5 in the seven days ended May 31 from 40.9 in the prior week. It marked the eighth straight week of declines, the longest such period since the survey began in 1985, after the index reached an almost eight-year high in April.