MEASURE UP MODESTLY THIS WEEK …
|| By FITSNEWS || Bloomberg’s Consumer Comfort Index (CCI) clocked in at 41.1 this week – up from last week’s 40.7 reading. The index “has halted a July decline, but lacks upward momentum, and is now 2.4 points below its 2015 average,” according to the release (.pdf here).
The CCI measures consumer comfort on a scale of zero to 100.
Here’s its latest progress in chart form …
Published weekly since December 1985, the CCI records Americans’ views on three key items: The national economy, the buying climate and their personal finances. Produced by Langer Research Associates, its data is based on 1,000 national random-sample landline and cellular telephone interviews, 250 per week (in a four-week rolling average).
What do we make of this data?
It’s middling … more evidence the “everything is awesome” propaganda which was intended to spark a consumer renaissance isn’t working.
3 comments
Got to remember, this is what the Obama economy looks like, so relatively speaking, “everything is awesome.”
” but lacks upward momentum” – I know I might not be the sharpest knife, but that’s not what your tend line says.
????????????????????????????????????? my amigo’s sister makes 83$$/hour on the web……..on saturday I got a top of the degree audi since getting a check for 4216$$ this most recent 4 weeks in addition, ten thousand last-munth . irrefutably about it, this really is the most enamoring occupation Ive had . I really began six months/earlier and on an extremely fundamental level straight away was making more than 87$$ p/h . endeavor this site.
????? tinyurl.com/Work2pReportOnlineaq1 ???????????????????????????????? GO TO THIS AND CLICK NEXT LINK INSIDE IT FOR WORK DETAILS AND HLP