People were a little less positive about their financial situation last week, particularly in the South, Bloomberg.com reported Thursday.
Consumer confidence retreated last week as Americans became less upbeat about their household finances and the state of the economy, the weekly Bloomberg Consumer Comfort Index showed Thursday.
- Overall comfort index fell to 42 in week ended May 22, matching the second-lowest level this year, from 42.6 in the prior period.
- Personal finances gauge declined to 55.3, weakest since mid-January, from 56.5.
- State of the economy measure eased to 31.7, the second-lowest this year, from 32.4
- Buying climate index held at 38.9.