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Bloomberg: Consumer pessimism drops most in three years

Consumer-Comfort-1209

Photo Credit: Roberto Verzo - Flickr

Christopher Gerber (CGerber@BoatingIndustry.com)
September 20, 2012
Filed under News, Top Stories

Bloomberg’s weekly Consumer Comfort Index shows Americans are becoming a little more optimistic about the economy.

The index rose to -40.8, it’s highest level in seven weeks.  The Bloomberg index can range from 100 (every respondent has a positive response) to -100 (every respondent has a negative response, so it is still well below a positive turn.

At the same time, the percent of Americans saying the United States was headed in the wrong direction had its biggest drop in three years.

Read more at Bloomberg.

 

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