More Americans See Economy Worsening Than at Any Time Since 2013


Uncle Sam

– June 16, 2016

More Americans in June saw the economy worsening than at any time in more than two and a half years, and a weekly gauge of consumer comfort also declined, according to figures from the Bloomberg Consumer Comfort Index released Thursday.

Although consumer spending is strengthening this quarter — and the old saw has been to look at what households do rather than what they say or how they feel — fragile views on the economic outlook threaten to temper the purchases that make up the largest part of the economy.