Economics
U.S. Consumer Comfort Rises a Third Week, Matches Pandemic High
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A gauge of sentiment among U.S. consumers advanced for a third straight week and matched the highest level since April as households grew a bit more upbeat about their finances, the economy and the buying climate.
The Bloomberg Consumer Comfort Index rose 1.8 points to 49.8 last week, matching a mid-September reading that was the strongest since early April, data released Thursday show. The improvement coincided with welcome developments on the coronavirus vaccine front that put the world one step closer to putting the pandemic behind it.