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Consumer Comfort in U.S. Climbs to Highest Level in Eight Months

Bloomberg (04/24/14) Michelle Jamrisko

The Bloomberg Consumer Comfort Index is at its highest point since August and is the second-strongest since January 2008. The index reached minus 25.4 in the period ending April 20, up from minus 29.1 the week before, due to growing confidence among the wealthy and investors, rising equity prices, a slower pace of firings, and an improving job market.