Consumer Comfort in U.S. Falls to Lowest Level in Two Months [View all]
By Caroline Fairchild - Jul 26, 2012 9:45 AM ET
Consumer confidence in the U.S. fell last week to the lowest level in two months as Americans became more concerned about sluggish growth in employment.
The Bloomberg Consumer Comfort Index fell to minus 38.5 in the week ended July 22 from minus 37.9 in the previous period.
Enlarge image Consumer Comfort in U.S. Falls to Lowest Level in Two Months
An index of the buying climate, one of the three components of the index, fell to minus 44.7, its lowest reading since May. A gauge of personal finances rose to 1.2 from 0.7, and a measure of the state of the economy improved to minus 71.9 from minus 72.8.
The confidence of full-time workers dropped to minus 32, the lowest level since February. Sentiment among households earning more than $100,000 turned positive for the first time in five weeks.