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Comfort in U.S. Climbs to Highest Level Since January 2008

Consumer sentiment in the U.S. advanced last week to the highest level since January 2008 as Americans grew more optimistic about their financial well-being and the buying climate.

The Bloomberg Consumer Comfort Index climbed to 38.5 in the period ended Nov. 16 from 38.2 the week before. While a monthly measure tracking the economic outlook fell to 47 in November from a two-year high of 51, the share of respondents saying the economy is improving matched the second-highest since June 2013.