Category: Information and Insights

Consumer sentiment leveled out over the past two weeks following April’s uptick of confidence. The HPS-CivicScience Economic Sentiment Index (ESI) only rose 0.1 points to 44.8 during a two-week period where states and the federal government began making plans to reopen the economy. The plateau in confidence was driven by drops in three categories, including… Continue reading Economic Sentiment Plateaus As Confidence In The Job Market Falls To All-Time Low

Consumer confidence rose for the second straight reading on April 29, following March’s record-breaking decline. The HPS-CivicScience Economic Sentiment Index (ESI) inched upwards, building on last reading’s 1.5 point increase, rising 2.1 points to 44.7. The rise was driven by a strong increase in confidence in making a major purchase and the housing market. Despite… Continue reading Consumer Confidence Continues To Recover Amid Calls For Reopening

Consumer economic sentiment rebounded slightly from a historic low over the last two weeks as the stock market showed signs of recovery and as government officials began discussing when and how to reopen the economy. Following the last reading’s record-shattering drop, the HPS-CivicScience Economic Sentiment Index (ESI) inched upwards, rising 2.5 points to 42.6. The… Continue reading Economic Sentiment Shows Early Signs Of A Rebound

Amid record stock swings, unemployment claims, and increasing state mandated stay-at-home orders, the HPS-CivicScience Economic Sentiment Index (ESI) plummeted 9.3 points over the past two weeks to 40.1. This is both the largest-ever two-week drop and the lowest-ever recording in the ESI’s history. The decline was led by staggering drops in confidence towards making a… Continue reading Economic Sentiment Hits All-Time Low Amid Global Pandemic

As the spread of COVID-19 (coronavirus) brings countries and the global economy to a standstill, consumer confidence continued its drastic decline, slipping to its lowest point in over a year. The HPS-CivicScience Economic Sentiment Index (ESI) followed last reading’s fall of 1.9 points with a 2.4 point drop to land at 49.4, its lowest reading… Continue reading Consumer Confidence Hits 14-Month Low Amid Coronavirus Outbreak

Consumer confidence fell considerably over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), following a slight uptick in confidence in the last reading. The ESI fell 1.9 points over the past two weeks. Fueling the drop was a drastic decrease of 5.0 points in confidence in the overall U.S. economy. Counterintuitively,… Continue reading Rebound In Consumer Confidence Short-Lived As Economic Sentiment Drops Sharply Over Fears About The U.S. Economy

Consumer confidence increased slightly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), rebounding from a plunge in confidence in the last reading. The ESI rose by 0.4 points to 53.7 over the past two weeks. The modest rise was driven by significant improvements in sentiment towards labor markets and the… Continue reading Increased Confidence In Labor Market, Overall Economy Produce Modest Gain In Consumer Sentiment

Consumer confidence fell quickly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Despite last reading’s surge, the ESI fell from its peak by 1.2 points to 53.3. The steep decline was the result of sagging confidence across the board, but driven by a significant drop in confidence towards the labor… Continue reading Timber! Consumer Confidence Plummets Across All Indicators

Consumer confidence rebounded significantly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following last reading’s decline of 1.2 points, the ESI moved up by 2.5 points during this reading to reach 54.5, its highest level since February 2018’s reading of 55.6. The rebound was led by large increases in consumer… Continue reading Consumer Confidence Rebounds To Highest Level In Nearly Two Years

Consumer confidence increased significantly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following a 2.2 point drop from May 14 to June 11, the ESI rebounded over the past two weeks, increasing 2.6 points to reach 54.2 – its highest level since February 2018. Click here to view image. All… Continue reading Consumer Confidence Rebounds, Driven By Confidence In The Broader U.S. Economy