According to data from the Bloomberg Consumer Comfort Index, consumers’ expectations for U.S. economy rose to 42.6 in in the week ended May 15 from 41.7 the prior week.
The increase was mainly driven by a more favourable assessment of the U.S. economy. The measure of views of the economy was up to 32.4 from 30.6, the buying climate index decreased to 38.9 from 39.1, while the personal finances index rose to 56.5 from 55.4.
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