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Thursday, September 29, 2016

Consumer Comfort Index Soft

The surge in the monthly consumer confidence earlier this week sits in contrast to continued softness in the weekly consumer comfort index which, though edging 3 tenths higher, is still soft at 41.6 in data for the September 25 week. This index had been trending at the 44 level through most of the year. The bi-monthly consumer sentiment index, the latest edition to be released tomorrow, has been sitting somewhere between the confidence and comfort reports, steady at moderate strength.

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