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

Declining Confidence In The Labor And Housing Market Drives ESI’s Decline For Second-Straight Week

Consumer confidence fell by 0.9 points to 52.7 over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Economic sentiment toward the labor and housing market experienced the largest declines as overall consumer confidence fell for the second week in a row, amid market volatility and mixed economic data. Click here to… Continue reading Declining Confidence In The Labor And Housing Market Drives ESI’s Decline For Second-Straight Week

Consumer Confidence Remains Flat, Labor Market Sentiment Reaches New Heights

Consumer confidence remained relatively flat over the past two weeks, falling 0.2 points to 53.6 according to the HPS-CivicScience Economic Sentiment Index (ESI). Confidence in the U.S. labor market continued to climb to new heights, while other categories declined. Click here to view image. Consumer confidence in making a major purchase experienced the largest decrease,… Continue reading Consumer Confidence Remains Flat, Labor Market Sentiment Reaches New Heights

Consumer Confidence In U.S. Labor Market Reaches Multiyear High

Consumer confidence increased 0.6 points to 53.8 over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Elevated levels of confidence in the U.S. labor market drove the index’s overall upward movement. Since the launch of the ESI in 2013, it is the highest measured level of economic sentiment towards the labor market.… Continue reading Consumer Confidence In U.S. Labor Market Reaches Multiyear High

Consumer Confidence Remains Stable As October Begins

Consumer confidence remained relatively unchanged at 53.2 points over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). After declines from its 2018 peak on February 6, the ESI has mostly held steady, averaging 53.3. Click here to view image. Two of the ESI’s five indicators increased in the past two weeks.… Continue reading Consumer Confidence Remains Stable As October Begins