Economic sentiment rebounds after three consecutive drops

Economic sentiment increased over the past two weeks after reaching its lowest point since October 2022 last reading. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.9 points to 33.4. Click to view image. Three of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy increased the most, rising… Continue reading Economic sentiment rebounds after three consecutive drops

Economic sentiment drops to 2023 low

Economic sentiment decreased over the past two weeks, reaching its lowest point since October 2022. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.5 points to 32.6. Click to view image. All of the ESI’s five indicators decreased over the past two weeks. Confidence in personal finances decreased the most, falling 2.5 points to 51.2—its largest… Continue reading Economic sentiment drops to 2023 low

Is the summer of good feelings coming to an end?

Economic sentiment decreased over the past two weeks, possibly marking the end of a period of relatively high sentiment that began in mid-June. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.4 points to 34.0—the third-largest decline of the year. Click to view image. All of the ESI’s five indicators decreased over the past two weeks.… Continue reading Is the summer of good feelings coming to an end?

Economic sentiment falls as Fed hikes rates

Economic sentiment decreased over the past two weeks, a period marked by news of potential economic softening and a further Fed rate hike. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.6 points to 35.4. Click to view image. Three of the ESI’s five indicators decreased over the past two weeks. Confidence in buying a new… Continue reading Economic sentiment falls as Fed hikes rates

Economic sentiment holds steady

Economic sentiment increased slightly over the past two weeks, hanging on to a period of relative elevation that began in mid-June. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.1 points to 36.0. Click to view image. Three of the ESI’s five indicators increased over the past two weeks. After experiencing its second-biggest drop of 2023… Continue reading Economic sentiment holds steady

Economic sentiment falls, driven by falling confidence in making a major purchase

Economic sentiment decreased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.3 points to 35.9. Click to view image. The overall drop in confidence was the result of drops in just two of the ESI’s five constituent indicators. After a significant increase last reading, confidence in making a major purchase decreased… Continue reading Economic sentiment falls, driven by falling confidence in making a major purchase

Economic sentiment sees biggest increase since July 2022

Economic sentiment increased over the past two weeks in the largest single-reading increase since July 2022. The Penta-CivicScience Economic Sentiment Index (ESI) rose 2.1 points to 36.2. All of the ESI’s five indicators increased over the past two weeks. Confidence in making a major purchase improved the most, rising 3.2 points 25.5—its largest single-reading increase… Continue reading Economic sentiment sees biggest increase since July 2022

Economic sentiment slightly recovers after large drop

Economic sentiment recovered slightly over the past two weeks, in the wake of the debt ceiling deal. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.2 points to 34.1. Click to view image. The overall increase in confidence was driven by jumps in just two of the ESI’s five indicators. Confidence in the overall U.S. economy… Continue reading Economic sentiment slightly recovers after large drop

Economic sentiment suffers third-biggest decline of past twelve months

Economic sentiment decreased over the past two weeks following three consecutive reading increases. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.6 points to 33.9. Click to view image. All of the ESI’s five indicators decreased over the past two weeks. Confidence in the overall U.S. economy decreased the most, falling 3.3 points to 31.6—its largest… Continue reading Economic sentiment suffers third-biggest decline of past twelve months

Confidence in the overall U.S. economy pushes consumer sentiment higher

Economic sentiment increased again over the past two weeks—its third consecutive hike following multiple large drops in March and early April. The Penta-CivicScience Economic Sentiment Index (ESI) rose 1.0 point to 35.5. Click to view image. All of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy improved… Continue reading Confidence in the overall U.S. economy pushes consumer sentiment higher