The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased 1.5 points to 32.3—partially reversing the decline in the previous period—despite persistent inflation and signs of a weakening labor market. Click to view image. Four of the ESI’s five indicators increased during this period. Confidence in the overall U.S. economy increased the most,… Continue reading Economic sentiment rebounds amid persistent inflation and a softening labor market
Category: Information and Insights
Economic sentiment declines ahead of the July FOMC meeting
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) decreased 2.6 points to 30.8 ahead of the July FOMC meeting, driven by renewed volatility as geopolitical conflict increased energy prices and the White House announced new tariffs. Click to view image. All five of the ESI’s indicators decreased during this period. Confidence in… Continue reading Economic sentiment declines ahead of the July FOMC meeting
Economic sentiment improves as inflation eases and hiring slows
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) rose 1.5 points to 33.4 as inflation eased but slower job growth and renewed geopolitical tensions complicated the economic outlook. Click to view image. Four of the ESI’s five indicators increased during this period. Confidence in the overall U.S. economy increased the most, rising… Continue reading Economic sentiment improves as inflation eases and hiring slows
Economic sentiment remains steady amid mixed economic signals
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) remained at 31.9 as consumers faced a complicated economic environment marked by steady interest rates, stubborn inflation, solid retail spending, and renewed tariff threats. Click to view image. Three of the ESI’s five indicators increased during this period. Confidence in making a major purchase… Continue reading Economic sentiment remains steady amid mixed economic signals
Economic sentiment rebounds ahead of the June FOMC meeting
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 1.2 points to 31.9 ahead of the June FOMC meeting, following a better-than-expected jobs report and news of a deal between the U.S. and Iran to extend the ceasefire in the Middle East. Four of the ESI’s five indicators increased during this… Continue reading Economic sentiment rebounds ahead of the June FOMC meeting
Economic sentiment ticks up slightly despite mounting consumer headwinds
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) ticked up slightly by 0.1 point to 30.7 despite rising inflation, elevated mortgage rates, and continued uncertainty in energy markets. Click to view image. Three of the ESI’s five indicators increased during this period. Confidence in personal finances increased the most, rising 2.8 points… Continue reading Economic sentiment ticks up slightly despite mounting consumer headwinds
Economic sentiment dips as positive economic news fails to lift outlook
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) decreased 0.4 points to 30.6 despite the release of a strong jobs report, the confirmation of a new Fed Chair, and a U.S.-China trade and investment agreement. Four of the ESI’s five indicators decreased during this period. Confidence in buying a new home and… Continue reading Economic sentiment dips as positive economic news fails to lift outlook
Economic sentiment rises following GDP growth despite mounting inflation
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased 2.1 points, following the release of strong first-quarter GDP data, despite inflation pressures and uncertainty at the Federal Reserve. Click to view image. All of the ESI’s five indicators increased during this period. Confidence in personal finances increased the most, rising 3.4 points… Continue reading Economic sentiment rises following GDP growth despite mounting inflation
Economic sentiment ticks up after Middle East ceasefire announcement
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased 0.4 points to 28.9, rising above the 13-year low in sentiment seen last period after a ceasefire to the Middle East conflict was announced. Three of the ESI’s five indicators increased during this period. Confidence in the overall U.S. economy rose the most,… Continue reading Economic sentiment ticks up after Middle East ceasefire announcement
Economic sentiment sinks further, reaching a new all-time low
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) fell by 1.0 point to 28.5, surpassing the prior record low from last period and marking the weakest level since the index began in 2013. Click to view image. Three of the ESI’s five indicators decreased during this period. Confidence in the overall U.S.… Continue reading Economic sentiment sinks further, reaching a new all-time low