Economics
U.S. Consumer Sentiment Strong Despite Drop in Financial Comfort
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A weekly measure of U.S. consumer confidence remained close to the highest level since early April despite a retreat in sentiment about personal finances.
The Bloomberg Consumer Comfort Index declined 0.5 point to 49.3 in the week ended Sept. 27, data released Thursday showed, the first decrease since mid-August. The measure remains well below the pre-pandemic level.