Econoday Economic Report: Bloomberg Consumer Comfort Index July 26, 2012

2012 Economic Calendar

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Bloomberg Consumer Comfort Index

Released On 7/26/2012 9:45:00 AM For Jul, 2012

	Prior	Prior Revised	Actual
Level	-37.5	-37.9	-38.5

Highlights
The Bloomberg Consumer Comfort index fell in the July 22 week to minus 38.5 from minus 37.9 a week earlier.

The state of the national economy index improved to minus 71.9 from minus 72.8. The measure of whether consumers consider it a good time to buy dipped to minus 44.7 from minus 41.7 the week before. The index of personal finances actually improved to 1.2 from 0.7.

Definition
The Bloomberg Consumer Comfort Index is a weekly, random-sample survey tracking Americans' views on the condition of the U.S. economy, their personal finances and the buying climate. The survey was formerly sponsored by ABC News since 1985. Why Investors Care

The Consumer Comfort Index is a composite of three components: consumer views on 1) the state of economy, 2) personal finances & 3) whether it is a good time to buy needed goods and services. Net positive responses to: state of economy, personal finances & good time to buy needed goods/services.
Data Source: Haver Analytics