Consumer Comfort in U.S. Falls for a Record Ninth Straight Week
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Consumer confidence dropped for a record ninth straight week as Americans’ views of the buying climate deteriorated to a seven-month low.
The Bloomberg Consumer Comfort Index decreased to 40.1 in the period ended June 7, the weakest since November, from 40.5 the prior week. The gauge has fallen about 8 points since reaching an almost eight-year high in mid-April.