Economics
U.S. Consumer Comfort Rises for Second Week on Fuel Prices
This article is for subscribers only.
Consumer confidence in the U.S. rose for a second week as gasoline prices receded.
The Bloomberg Consumer Comfort Index improved to minus 47.1 in the week ended May 29 from minus 48.4 in the prior period. The 2.3-point gain over the past two weeks has yet to make up for the 6.8-point monthlong slide that propelled the gauge to a nine-month low two weeks ago.