Bloomberg consumer comfort index soars to recovery high

The consumer comfort index is at recovery highs, rising to 37.1 in the June 19 week vs 35.5 in the prior week. The latest reading is well up from the 2014 average of 35.2 and just off the 2014 recovery high of 37.9 in late April.

The week's gain is led by the assessment of the national economy with a small gain for the personal finances component. The component for the buying climate is unchanged.

The index has risen 3.8 points the last three weeks which points to strength for this month's consumer readings.