That’s the share of Americans who say the national economy is in bad shape, according to the Bloomberg Consumer Comfort Index for the week ended June 26. The index, which asks people to rate the economy, the buying climate and their personal finances on a scale of minus 100 to plus 100 and then averages the results, was minus 36.1, up from minus 43.6 in mid-May.
About 50 percent rated the national economy as “not so good” and 36 percent said it was “poor.”
Health care and economic news dominate the issue discussion today. Here are some Bloomberg stories today on those topics:
SUPREME RULING: The U.S. Supreme Court is releasing its long-anticipated ruling on the constitutionality of the 2010 health-care overhaul that includes an individual mandate to purchase coverage. Expect a flood of reactions from political candidates and interest groups, including President Barack Obama and Republican challenger Mitt Romney, who are both in Washington, D.C., this morning.
MEDICARE SCARE: A television advertisement that says the 2010 health-care overhaul includes a $500 billion reduction in Medicare benefits isn’t accurate, Heidi Przybyla writes.
ECONOMY GREW 1.9 PERCENT: The U.S. economy grew 1.9 percent in the first quarter, according to revised gross domestic product figures released by the Commerce Department today. The economy grew by 3 percent in the fourth quarter of 2011.