Economic sentiment rebounded over the last two weeks, ending a slide that lasted from the end of April to the end of June. The HPS-CivicScience Economic Sentiment Index (ESI) jumped 1.5 points on the back of strong gains in confidence in making a major purchase and confidence in the housing market—the same indicators that had… Continue reading Economic Sentiment Rebounds After Two-Month Slide
Category: Information and Insights
Despite Record-Breaking Confidence In Job Market, Consumers Are Reluctant To Spend
Economic sentiment fell for the fourth straight reading over the last two weeks, as the HPS-CivicScience Economic Sentiment Index (ESI) dropped 1.6 points to 46.3. A new record high for confidence in the job market was not enough to outweigh steep declines in confidence in making a major purchase and confidence in the housing market,… Continue reading Despite Record-Breaking Confidence In Job Market, Consumers Are Reluctant To Spend
Consumer Confidence Continues To Slip With Record-Low Confidence On Purchasing A New Home
Economic sentiment fell for the third straight reading over the last two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), dropping 0.8 points to 47.9. Job market confidence tempered its record-breaking surge while confidence in the housing market continued to sink, setting a new all-time low for the third straight reading with a decline… Continue reading Consumer Confidence Continues To Slip With Record-Low Confidence On Purchasing A New Home
Consumer Confidence In The Job And Housing Markets Continue To Diverge With Record-Setting Readings
Overall economic sentiment fell again over the last two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), dropping 1.4 points to 48.7. While job market confidence increased another 1.5 points to 60.5, an all-time high for the third reading in a row, housing market confidence tumbled 2.6 points to 35.8, a record low for… Continue reading Consumer Confidence In The Job And Housing Markets Continue To Diverge With Record-Setting Readings
Record Highs, Record Lows Reflect Mixed Bag For Consumer Confidence
Overall economic sentiment fell for a third time in four readings, as the HPS-CivicScience Economic Sentiment Index (ESI) dropped 0.5 points to 50.1. This week’s reading marks the breaking of two records: Confidence in the job market reached a record high for the second reading in a row (rising 4.1 points to 59.0) even as… Continue reading Record Highs, Record Lows Reflect Mixed Bag For Consumer Confidence
Confidence In The Job Market Swells To A Record-High Level
Economic sentiment ended its month-long slump, rising 1.3 points to 50.6 over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Confidence in the job market boosted overall confidence as it continued its meteoric rise, increasing 4.2 points to 54.9—the highest level in the ESI’s history. Click here to view image. With… Continue reading Confidence In The Job Market Swells To A Record-High Level
Economic Sentiment Continues Downward Trend Despite Highest Job Market Confidence Since 2018
Overall economic sentiment fell a full point to 49.3 over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Confidence in the job market soared to its highest level since 2018, but it wasn’t enough to overcome a drop in confidence in the housing market, personal finances, and the overall U.S. economy.… Continue reading Economic Sentiment Continues Downward Trend Despite Highest Job Market Confidence Since 2018
Economic Sentiment Declines Following Year-Long High
Economic sentiment fell 1.1 points to 50.3, according to the HPS-CivicScience Economic Sentiment Index (ESI). The decline comes on the heels of a month-long surge in confidence that peaked on March 16 with the highest reading since the pandemic declaration. The decline was driven by significant drops in confidence toward the U.S. economy and the… Continue reading Economic Sentiment Declines Following Year-Long High
Highest Economic Sentiment Since The Pandemic Declaration
Economic sentiment climbed 1.8 points to 51.4, its highest reading in a year, according to the HPS-CivicScience Economic Sentiment Index (ESI). Over the two week period that marked the passage of the $1.9 trillion American Rescue Plan (ARPA), consumer confidence rose to its highest level since the World Health Organization declared COVID-19 a pandemic on… Continue reading Highest Economic Sentiment Since The Pandemic Declaration
Economic Sentiment Rebounds, Its First Jump Since January
Economic sentiment surged over the past two weeks, rising 2.2 points to a reading of 49.6, according to the HPS-Civic Science Economic Sentiment Index (ESI). With Congress seemingly on the cusp of sending a COVID-relief bill to President Biden’s desk and COVID cases decreasing across the country, economic sentiment rose for the first time in… Continue reading Economic Sentiment Rebounds, Its First Jump Since January