Economics
Consumer Comfort in U.S. Retreats for First Time in a Month
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Consumer confidence decreased for the first time in four weeks as Americans’ views of the economy deteriorated to the lowest level since May.
The Bloomberg Consumer Comfort Index fell in the week ended Sept. 29 to minus 29.4 from minus 28.1. A measure of attitudes about the economy slumped as lawmakers failed to resolve their differences over the nation’s budget, culminating this week in a shutdown of the government that risks slowing the expansion.