Saturday, March 11, 2017

Consumer Comfort Index?

As someone who pays entirely too much attention to the daily news, I was surprised to discover the Consumer Comfort Index.  Comfort, not confidence?  It turns out that it is the Bloomberg Consumer Comfort Index, a measure of views on the economy, personal finances, and the purchasing environment.  It has just broken 50 for the first time in 10 years, which is doubtless why President Trump has tweeted about it.  When getting battered by negatives, trumpet the positive.

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