Consumer Comfort in U.S. Increased Last Week by Most Since April

Consumer confidence rose last week by the most since the beginning of April as Americans’ views of the buying climate and their finances improved.

The Bloomberg Consumer Comfort Index increased to 42.6 in the period ended June 21 after climbing to 40.9 the prior week. The turnaround follows an almost 8 point drop since reaching an eight-year high in mid-April.