2013 Economic Calendar
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Bloomberg Consumer Comfort Index  
Released On 1/24/2013 9:45:00 AM For wk1/20, 2013
PriorActual
Level-35.5 -36.4 

Highlights
The Bloomberg Consumer Comfort Index inched to its lowest level in more than three months this week, extending a gradual retreat that marks the still-tenuous state of consumer sentiment. At minus 36.4 on its scale of minus 100 to plus 100, the CCI has lost 4.6 points from its recent high the last week of December and has headed negatively for three weeks in a row, a first since August.

After holding at 20 percent or more for five weeks straight-another first since early 2008-only 18 percent now rate the economy positively, the fewest since late October.

Twenty-nine percent call this a good time to buy the things they want and need, fewer than 30 percent for three weeks straight for the first time since September. And 49 percent rate their own finances positively, matching the last two weeks after holding at 50 percent for three weeks.

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. Details are available only to subscribers. In May 2014, the series range was changed to zero to 100 from minus 100 to plus 100.
 Why Investors Care
 
[Chart]
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
 

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