Consumer Comfort Index Falls For Second Straight Week

Consumer spirits appear to ebbing a bit with the consumer comfort index down for a second week, at 42.8 in the October 25 week vs 43.5 and a peak of 45.2 in the prior two weeks. Tuesday's consumer confidence index also came down as has the consumer sentiment index, all from recovery bests posted earlier in the year. The lack of recent strength does not point to improved payroll growth nor to acceleration for household spending.