Economic sentiment decreased slightly in the first full reading of 2023. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.3 points to 35.2 in its most recent reading. Click to view image. Three of the ESI’s five indicators decreased over the past two weeks. Confidence in buying a new home fell the most, dropping 1.5 points… Continue reading Economic sentiment falls for first time since October 2022
Author: Nicolas Pena-Brown
Economic sentiment remains steady heading into 2023
Economic sentiment remained steady over the holiday period and into the new year. The Penta-CivicScience Economic Sentiment Index (ESI) stayed at 35.5 in its most recent reading, after increasing steadily between the beginning of October and mid-December. Two of the ESI’s five indicators decreased over the past two weeks. Confidence in the US economy fell… Continue reading Economic sentiment remains steady heading into 2023
Economic sentiment rises as inflation continues to cool
Economic sentiment increased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.7 points to 35.5, the fifth consecutive rise since October 2022. Click to view image. Three of the ESI’s five indicators increased over the past two weeks. Confidence in personal finances improved the most, increasing 3.4 points to 56.3, its… Continue reading Economic sentiment rises as inflation continues to cool
Economic sentiment jumps at fastest pace since July 2022
Economic sentiment increased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) rose 1.4 points to 34.8, the largest increase since July and the fourth consecutive rise. Click to view image. Four of the ESI’s five indicators increased over the past two weeks. Confidence in buying a new home improved the most, increasing… Continue reading Economic sentiment jumps at fastest pace since July 2022
Economic sentiment rises as confidence in the overall U.S. economy jumps
Economic sentiment increased over the past two weeks, the third-straight rise. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.4 points to 33.4, driven by the largest increase in confidence in the U.S. economy in over a year. Click to view image. Two of the ESI’s five indicators increased over the past two weeks. Confidence in… Continue reading Economic sentiment rises as confidence in the overall U.S. economy jumps
Economic Sentiment Rises, Bolstered By Better-Than-Expected GDP Report
Economic sentiment increased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.8 points to 33.0, largely driven by an increase in confidence in the U.S. economy. Click to view image. All five of the ESI’s indicators increased over the past two weeks. Confidence in the overall U.S. economy improved the most,… Continue reading Economic Sentiment Rises, Bolstered By Better-Than-Expected GDP Report
Economic Sentiment Rises Despite Fears Of Recession
Economic sentiment increased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.3 points to 32.2, driven by an increase in confidence in personal finances. Click to view image. Four of the ESI’s indicators increased over the past two weeks. Confidence in personal finances changed the most, increasing 1.7 points to 50.0. … Continue reading Economic Sentiment Rises Despite Fears Of Recession
Economic Sentiment Falls, Driven By Sharp Decrease In Confidence In Finding A New Job
Economic sentiment decreased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.6 points to 31.8, driven by the largest decrease in confidence in finding a new job in over a year. Click to view image. All five of the ESI’s indicators decreased over the past two weeks. Confidence in finding a… Continue reading Economic Sentiment Falls, Driven By Sharp Decrease In Confidence In Finding A New Job
Economic Sentiment Falls As Interest Rates Continue To Rise
Economic sentiment decreased over the past two weeks amid an additional Fed rate hike, rising mortgage rates, and falling home prices. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.4 points to 33.4, largely driven by a decrease in confidence in buying a new home. Click to view image. Three of the ESI’s five indicators decreased… Continue reading Economic Sentiment Falls As Interest Rates Continue To Rise
Economic Sentiment Remains Steady
Economic sentiment went almost unchanged over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.1 points to 33.8, largely driven by a decrease in confidence in finding a new job. Click to view image. The ESI’s indicators were split between increasing and decreasing, and for the second time this year, confidence in… Continue reading Economic Sentiment Remains Steady