According to data from the Bloomberg Consumer Comfort Index, consumers’ expectations for U.S. economy declined to 42.0 in in the week ended May 01 from 43.4 the prior week.
The decrease was driven by drops in all sub-indexes. The measure of views of the economy was down to 32.6 from 33.5, the buying climate index decreased to 38.2 from 40.0, while the personal finances index slid to 55.3 from 56.8.
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