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
Category: Information and Insights
Economic Sentiment Continues Its 2021 Rut
Overall economic sentiment fell during the first two weeks of February 2021, declining 0.3 points to a reading of 47.4, according to the HPS-CivicScience Economic Sentiment Index (ESI). As Congressional debates over additional stimulus continue, wariness about the overall U.S. economy outweighed Americans’ boost in confidence in their personal finances and the job market. Click… Continue reading Economic Sentiment Continues Its 2021 Rut
Economic Sentiment Plateaus In The First Full Reading Of The Biden Administration
Economic sentiment held flat over the past two weeks, maintaining a reading of 47.7, according to the HPS-Civic Science Economic Sentiment Index (ESI). Despite bumps in confidence in the job market and U.S. economy, the reading was weighed down by a significant decline in Americans’ confidence in their personal finances. Three of the ESI’s five… Continue reading Economic Sentiment Plateaus In The First Full Reading Of The Biden Administration
Economic Sentiment Falls Slightly Following Turbulent Two Weeks
Overall economic sentiment is down slightly in the second 2021 reading of the HPS-Civic Science Economic Sentiment Index (ESI). Following a two-week stretch in which the storming of the U.S. Capitol and delayed vaccine rollouts dominated the headlines, the ESI dropped 0.6 points to 47.7. Four of the ESI’s five indicators declined over the past… Continue reading Economic Sentiment Falls Slightly Following Turbulent Two Weeks
Economic Sentiment Posts An Optimistic Start To 2021
As Americans say goodbye to the difficult year that was 2020 and ring in the New Year, consumers are expressing heightened confidence in 2021’s first reading of the HPS-CivicScience Economic Sentiment Index (ESI). Economic sentiment continued its month-long upward trend, posting an increase (1.4 points to 48.3) for the third straight reading following the enactment… Continue reading Economic Sentiment Posts An Optimistic Start To 2021
Economic Sentiment Continues To Improve Ahead Of The New Year
Consumer economic sentiment continued its recovery for a second straight reading as lawmakers passed a new COVID-19 relief bill and Americans enjoy a modified holiday season. The latest reading of the HPS-CivicScience Economic Sentiment Index (ESI) showed an increase of 1.2 points to 46.9, led by a 3.4-point jump in confidence in the broader economy.… Continue reading Economic Sentiment Continues To Improve Ahead Of The New Year
After Autumn Tumble, Economic Sentiment Makes Slight Recovery
Overall economic sentiment recovered slightly after six consecutive weeks of decline. During the past two-week stretch marked by optimism about a COVID-19 vaccine, the HPS-CivicScience Economic Sentiment Index (ESI) inched upwards 1.3 points to 45.7. Click here to view image. There was contradicting movement among the ESI’s five indicators over the past two weeks. Making… Continue reading After Autumn Tumble, Economic Sentiment Makes Slight Recovery
Economic Sentiment Deepens Its Decline Heading Into The Holiday Season
Consumer economic sentiment plunged for the third straight reading as COVID-19 cases surge to their highest levels during the pandemic and many Americans prepare for a modified holiday season. The latest reading of the HPS-CivicScience Economic Sentiment Index (ESI) showed a drop of 3.4 points to 44.4, the largest decline in sentiment since March. The… Continue reading Economic Sentiment Deepens Its Decline Heading Into The Holiday Season
Post-Election Economic Sentiment Plunges Amid Worsening Pandemic
Consumer economic sentiment saw its second consecutive decline in the wake of a drawn-out election and rapidly climbing COVID-19 cases. The latest reading of the HPS-CivicScience Economic Sentiment Index (ESI) showed a drop of 2.2 points to 47.8, most of which occurred after election day according to the three-day moving average. This ties with a… Continue reading Post-Election Economic Sentiment Plunges Amid Worsening Pandemic
Economic Sentiment Declines As The Country Faces A “Third Wave”
Consumer economic sentiment saw its first decline in over two months as the country experiences an uptick in new COVID-19 cases, averaging 71,000 new cases a day over the past week. The latest reading of the HPS-CivicScience Economic Sentiment Index (ESI) declined 1.3 points to 50.0, marking its first drop in confidence since August 18… Continue reading Economic Sentiment Declines As The Country Faces A “Third Wave”