Economics
Consumer Comfort in U.S. Declines By Most Since Late October
Shoppers push carts through the grocery department at a Wal-Mart.
Photographer: Bloomberg/BloombergThis article is for subscribers only.
Consumer sentiment dropped last week by the most since late October on a sharp pullback in optimism about personal finances even before the latest stock-market slump.
Bloomberg’s index of consumer comfort decreased 2.1 points to 63.5 in the week ended Feb. 23, according to a report Thursday. A measure of confidence in household finances registered the steepest drop since October 2018.