The slump in the index was led by a decline in buying attitudes and sentiment from respondents in the South, according to the report.
The decline in consumer comfort comes as states across the US grapple with spiking coronavirus cases that have led them to pause or roll back economic reopenings, threatening the recovery. A gauge of US consumer comfort slipped for the first time in seven weeks as new coronavirus cases climb in some states, threatening the economic recovery.
The Bloomberg Consumer Comfort Index fell 0.4 points to 42.9 in the week ending July 5, according to a
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