Economics
Sixth Weekly Drop in U.S. Consumer Comfort Is Longest Since 2015
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U.S. consumer confidence deteriorated for a sixth straight week, the longest such stretch since 2015, as fears about the coronavirus rattle financial markets and lead to concerns about the durability of the record-long economic expansion.
Bloomberg’s Consumer Comfort Index eased in the first week of March to 62.7, the lowest since Dec. 22, from 63, data Thursday showed.