Author: Nicolas Pena-Brown

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 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

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

Economic sentiment slightly increased over the past two weeks, the first increase in sentiment in back-to-back readings this year. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.2 points to 34.5. Click to view image. Three of the ESI’s five indicators increased over the past two weeks. Confidence in buying a new home grew the most,… Continue reading Economic sentiment increases for second reading in a row

Economic sentiment dropped again over the past two weeks as unease about the banking system persisted. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.9 points to 33.3, the largest drop in the overall index since July 2022. Leading the decline was a collapse in confidence in find a new job—an especially notable development since confidence… Continue reading Confidence in job market sees biggest drop since March 2020

Economic sentiment dropped in a two-week span that saw the failures of three U.S. banks, driven by a significant fall in confidence in the overall U.S. economy. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.3 points to 35.2, its largest fall since mid-October. Click to view image. Four of the ESI’s five indicators decreased over… Continue reading Consumer sentiment drops in wake of SVB collapse

Economic sentiment slightly decreased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.4 points to 36.5.  Click to view image. Three of the ESI’s five indicators decreased over the past two weeks. Confidence in personal finances fell the most, dropping 1.6 points to 55.2. —Confidence in the overall U.S. economy fell… Continue reading Economic sentiment falls after last reading’s record bump

Economic sentiment increased sharply over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) rose 2.0 points to 36.9, the largest single-reading increase since July 2022 and highest reading since March 2022. Click to view image. All five of the ESI’s indicators increased over the past two weeks, the first time all indicators have… Continue reading Economic sentiment jumps sharply, reaching highest level since March 2022

Economic sentiment continued to decrease over the past two weeks, with confidence in personal finances leading the drop. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.3 points to 34.9 in its most recent reading. Click to view image. Three of the ESI’s five indicators decreased over the past two weeks. Confidence in personal finances fell… Continue reading Economic sentiment falls as consumer spending slows