Economics
U.S. Consumer Comfort Rises as Personal Finance Outlook Improves
Photographer: Victor J. Blue/Bloomberg
This article is for subscribers only.
U.S. consumer expectations rose this week as a gauge of views approached a 17-year high, signaling improved sentiment after a five-week government shutdown ended and the stock market partially rebounded.
The Bloomberg Consumer Comfort Index’s weekly expectations rose to 61 from 59.6, according to a report Thursday. A measure of ratings about personal finances rose by the most in nearly four months, while outlook on the national economy also improved.