U.S. Consumer Comfort Rises to Fresh High Amid Robust Job Market

Sentiment among American consumers climbed to a fresh 18-year high, with assessments of the buying climate and personal finances nearing record levels as the job market and equities extend gains.

The Bloomberg Consumer Comfort Index climbed 0.9 point to 64.7 in the week ended July 14. Americans’ also reported stronger economic expectations, with that monthly gauge advancing to an eight-month high of 55 from 50.5.