Economics
U.S. Consumer Comfort Drops to Six-Month Low on Finances Concern
Photographer: Cooper Neill/Bloomberg
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A gauge of U.S. consumer sentiment dropped last week to a six-month low as Americans’ ratings of their personal finances returned to levels not seen since the initial months of the pandemic.
The Bloomberg Consumer Comfort Index fell by 1.2 points to 43.2 points, data released Thursday showed. The eighth-straight decline left the measure down 6.6 points since mid-November, the largest setback since the pandemic-related shutdowns.