Economics
U.S. Consumer Comfort Hits 10-Week Low on Buying Climate Views
Photographer: Craig Warga/Bloomberg
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Consumer confidence among Americans slid to a 10-week low as views of the buying climate dimmed amid mounting virus fears.
Bloomberg’s Consumer Comfort Index fell to 63 in the week ended March 1 from 63.5, data showed Thursday. The component tracking whether it’s a good time to spend sank to the lowest level since June while economic views were slightly weaker.