• Bloomberg: the level of consumer confidence in the US improved slightly last week

Market news

17 November 2016

Bloomberg: the level of consumer confidence in the US improved slightly last week

The research results published by Bloomberg have shown that the index of US consumer confidence improved again at the end of last week, registering the fourth increase in a row and reached the highest level since April 2015.

According to data for the week ending 13 November consumer comfort index rose to 45.4 points from 45.1 points the previous week (November 6). Over the past four weeks, the index gained 4.1 points. It is worth emphasizing that the increase of this size or larger (for a 4-week period) was recorded only 5 times since the end of the Great Recession. The average value of 2016 now stands at 43.3 points, while the long-term average, which is calculated from the end of 1985, is 41.7 points.

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