Skip to content
Subscriber Only

Americans' Views of Economy Dim in Weekly Consumer Comfort Gauge

An employee assists customers inside a store at The Wharf in Orange Beach, Alabama, on June 27, 2017.
Photographer: Ty Wright/Bloomberg

Americans’ perceptions about the economy took a big step back last week even as their views about their own finances and the buying climate stabilized, Bloomberg Consumer Comfort Index figures showed Thursday.

Consumer optimism is showing signs of pulling back from its post-election surge, with the comfort index easing after three months of robust readings just below an almost 16-year high. Still, the gauge closed out the best half-year since the final six months of 2011 as households embraced solid opportunities in the labor market. What’s more, slightly stronger sentiment about personal finances and the buying climate suggest consumers will continue to spend at a moderate pace.