Consumer Comfort in U.S. Climbs to Second-Highest Since 2007
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Consumer confidence rose for a third straight week, capping the best quarter in almost eight years as greater purchasing power boosted Americans’ views of their finances and buying climate.
The Bloomberg Consumer Comfort Index climbed to 46.2 in the week ended March 29, its second-highest reading since July 2007, from 45.5 the prior week. The index averaged 44.7 in the first quarter, its best performance since the second quarter of 2007.