Fewest Americans in Almost Two Years Say U.S. Economy Worsening

The share of consumers expecting the economy to worsen fell in February to an almost two-year low as Americans looked beyond harsh winter weather.

Thirty percent, the fewest since May 2012, said the economy was headed in the wrong direction, data from the Bloomberg Consumer Comfort Index showed today. The gap between positive and negative expectations was minus 3, an eight-month high. The weekly measure was little changed at minus 30.6 for the period ended Feb. 16 from minus 30.7.