Americans Hold Dimmest View on Economic Outlook in Five Months
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The fewest Americans in five months said the economy was improving in June, signaling the slowdown in employment is seeping into consumer psychology.
The share of households viewing the economy as heading in the right direction fell to 22 percent this month, the lowest since January, pushing the Bloomberg monthly expectations gauge to minus 11 from minus 1 in May. The weekly Bloomberg Consumer Comfort Index was minus 37.9 in the period ended June 17, down from a four-week high of minus 36.4.