Consumer confidence rose considerably over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following a fairly stable month of March, the ESI experienced a 1.9 point increase during this first reading of April, rising to 53.0— a new high for 2019. All of the ESI’s five indicators increased during the reading period.… Continue reading Economic Sentiment Improves, Led By Confidence In The Housing Market
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Consumer Confidence Slips, Driven By Decline In Confidence In Personal Finances
Consumer confidence slipped slightly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). The 0.4-point drop to 51.1 in the first half of March reverses the ESI’s modest recovery throughout 2019 so far. Click here to view image. Three out of the ESI’s five indicators increased during the reading. The only… Continue reading Consumer Confidence Slips, Driven By Decline In Confidence In Personal Finances
Consumer Confidence Holds Steady Heading Into March
Consumer confidence ticked up slightly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following December’s precipitous drop and the ESI’s modest recovery throughout 2019 so far, during the latest reading consumer confidence increased by a mere 0.1 points to 51.5. Click here to view image. Three out of the ESI’s… Continue reading Consumer Confidence Holds Steady Heading Into March
Consumer Confidence Continues Its 2019 Recovery
Consumer confidence recovered for the second week in a row, according to the HPS-CivicScience Economic Sentiment Index (ESI). The ESI rose 1.4 points, as it continues to trend upwards in 2019 after dropping almost 5 points in December. Click here to view image. Four out of five of the ESI’s indicators increased during the reading… Continue reading Consumer Confidence Continues Its 2019 Recovery
Consumer Confidence Recovers, Led By Renewed Ability To Make A Major Purchase
Following an almost equal drop during the last reading in January, the HPS-CivicScience Economic Sentiment Index (ESI) increased 1.9 points to a reading of 50.0, reflecting growth across all components of the ESI during the past two weeks. Click here to view image. The ESI’s surge at the start of February coincides with the announcement… Continue reading Consumer Confidence Recovers, Led By Renewed Ability To Make A Major Purchase
Consumer Confidence Drops Below December Low
After a slight recovery, the HPS-CivicScience Economic Sentiment Index (ESI) dropped 1.8 points to a reading of 48.1. This is the ESI’s lowest level since November 15, 2016. Click here to view image. Of note, the University of Michigan’s January consumer confidence survey exhibited the same sharp drop to lows not seen since the 2016… Continue reading Consumer Confidence Drops Below December Low
Consumer Confidence Recovers To Start 2019
Consumer confidence recovered a bit during the beginning of 2019, according to the HPS-CivicScience Economic Sentiment Index (ESI). The ESI rose 1.3 points, offsetting some of the 4.6 point drop in December that brought the index to a two-year low. Click here to view image. Four out of five of the ESI’s indicators increased during… Continue reading Consumer Confidence Recovers To Start 2019
Consumer Confidence Plummets In December; Hits Two-Year Low
The HPS-CivicScience Economic Sentiment Index (ESI) continued to dive over the past two weeks, dropping 2.4 points to 48.6. This is the lowest reading since November 15, 2016. The ESI has now fallen 4.6 points in December and sits 4.4 points below the 2018 average and 7 points off the 2018 peak. The drop in… Continue reading Consumer Confidence Plummets In December; Hits Two-Year Low
Consumer Confidence Plunges To Lowest Level In Over A Year
Consumer confidence dropped over two points this week to 51.0 points according to the HPS-CivicScience Economic Sentiment Index (ESI). This was the largest two-week period drop in one year and represents the lowest level for the ESI in over a year. Click here to view image. All five of the ESI’s indicators fell during the… Continue reading Consumer Confidence Plunges To Lowest Level In Over A Year
Consumer Confidence Increased Despite Drop In Labor Market Confidence
Consumer confidence increased slightly over the past two weeks, rising 0.5 points to 53.2 according to the HPS-CivicScience Economic Sentiment Index (ESI). Confidence in the U.S. labor market, however, continued its steady decline from a peak of 51.1 on October 30. Click here to view image. Four out of the ESI’s five indicators increased over… Continue reading Consumer Confidence Increased Despite Drop In Labor Market Confidence