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

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