Bloomberg Consumer Comfort tumbles to a two-month low

The Bloomberg Consumer Comfort Index retreats to its lowest level in 10 weeks, -33.1 on its scale of -100 to +100, led by a steep drop in ratings of the buying climate.

The CCI’s troubles reflect fewer people saying it’s a good time to buy things they want and need; at -41.0, the buying climate subindex is its lowest in three months, losing 9.2 points since Dec. 22.

CCI among $100K-plus earners falls to +2.9, the group's worst showing since last March, reflecting the stock market's recent slide.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs