That’s the Bloomberg Consumer Comfort Index for the week ended May 6, the lowest level for the measure since early February. The index, which asks people to rate the national economy, their personal finances and the buying climate, declined for the third consecutive week. About 56 percent of people rate their personal finances negatively, up from 47 percent three weeks ago and the highest level since last November. The economy added just 115,000 nonfarm jobs in April, the smallest increase since November.
“Job growth in late 2011 and early 2012 helped lift consumer views. Its weakness now is hurting,” Langer Research Associates, which produces the index, said in a written analysis.