A week after anticipating a strong monthly jobs report, the Consumer Comfort Index surged to a new pandemic high, lifted by Americans’ improved assessments of their personal finances, the buying climate and the national economy alike.
The CCI is up 3.3. points since mid-March, including 1.9 points just this week to 51.9 on its 0-100 scale, blowing past last week’s one-year high to its best since the onset of the coronavirus pandemic last spring. The rise comes as states and municipalities relax COVID-19 restrictions, spurring the largest job growth since last August.
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