Author: Anna Eapen

As the spread of COVID-19 (coronavirus) brings countries and the global economy to a standstill, consumer confidence continued its drastic decline, slipping to its lowest point in over a year. The HPS-CivicScience Economic Sentiment Index (ESI) followed last reading’s fall of 1.9 points with a 2.4 point drop to land at 49.4, its lowest reading… Continue reading Consumer Confidence Hits 14-Month Low Amid Coronavirus Outbreak

Consumer confidence fell considerably over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), following a slight uptick in confidence in the last reading. The ESI fell 1.9 points over the past two weeks. Fueling the drop was a drastic decrease of 5.0 points in confidence in the overall U.S. economy. Counterintuitively,… Continue reading Rebound In Consumer Confidence Short-Lived As Economic Sentiment Drops Sharply Over Fears About The U.S. Economy

Consumer confidence increased slightly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), rebounding from a plunge in confidence in the last reading. The ESI rose by 0.4 points to 53.7 over the past two weeks. The modest rise was driven by significant improvements in sentiment towards labor markets and the… Continue reading Increased Confidence In Labor Market, Overall Economy Produce Modest Gain In Consumer Sentiment

Consumer confidence rebounded significantly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following last reading’s decline of 1.2 points, the ESI moved up by 2.5 points during this reading to reach 54.5, its highest level since February 2018’s reading of 55.6. The rebound was led by large increases in consumer… Continue reading Consumer Confidence Rebounds To Highest Level In Nearly Two Years