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

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