Consumer Comfort in U.S. Declines to Match Low for This Year
- Measures tracking views of economy and buying climate drop
- Weekly personal-finances index climbs to highest since October
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Consumer confidence in the U.S. fell last week to match the lowest level this year as Americans grew more pessimistic about the economy and the buying climate.
The Bloomberg Consumer Comfort Index slipped to 43.6 in the period ended March 20 from 44.3 the prior week. The measures tracking current views of the economy and the buying climate both dropped to the lowest level since mid-December, while perceptions of personal finances rose to a five-month high.