Income Optimism Keeps Comfort Index Near 2008 High

U.S. consumer confidence last week held close to the highest level in almost three years as more Americans said their finances were in good shape.

The Bloomberg Consumer Comfort Index, formerly the ABC News U.S. Weekly Consumer Comfort Index, was minus 39.7 in the period to Feb. 27, compared with minus 39.6 the prior week, a report today showed. Respondents’ view of their financial situation climbed to an almost two-year high.