Bloomberg Consumer Comfort Index: consumers’ expectations for U.S. economy decline to 41.7 in in the week ended May 08
According to data from the Bloomberg Consumer Comfort Index, consumers' expectations for U.S. economy declined to 41.7 in in the week ended May 08 from 42.0 the prior week. It was the lowest reading since mid-December 2015.
The decrease was mainly driven by a less favourable assessment of the U.S. economy. The measure of views of the economy was down to 30.6 from 32.6, the buying climate index increased to 39.1 from 38.2, while the personal finances index rose to 55.4 from 55.3.
|remaining time till the new event being published|
- UK gross domestic product (GDP) grew by 0.4% in the three months to October
- In December, the sentix overall index for the economy in Euro Area falls for the 4th time in a row to -0.3
- St. Louis Fed Chief James Bullard Suggests Fed Hold Rates Steady
- Fed's Brainard: Gradual Rate Increases Still Appropriate 'In the Near Term'