Consumer Comfort Index Falls Again

The consumer comfort index fell for the fourth time in five weeks, down 3 tenths in the November 22 week to 40.9. This reading is important as it includes the immediate impact of the Paris attacks. Readings on consumer confidence, despite building strength in income, peaked at mid year and have since moderated but they do remain solid. The consumer sentiment report, to be released at 10:00 a.m. ET and which is expected to remain steady, will be very closely watched.