Consumer Comfort in U.S. Advances to Second-Highest Since 2008

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Consumer sentiment in the U.S. advanced last week to the second-highest level since 2008 as Americans grew more confident about their financial well-being.

The Bloomberg Consumer Comfort Index climbed to 38.1 in the period ended Nov. 2, just short of the five-year high of 38.3 reached in August 2013. It rose almost 1 point from the prior week. The report’s personal finances gauge was the strongest since mid-September.