Consumer confidence dropped 1.6 points to 51.3, its lowest level since falling to 50.7 on October 3, 2017, according to the HPS-CivicScience Economic Sentiment Index (ESI). This is the ESI’s second consecutive decline after dropping 0.3 points — from 53.2 to 52.9 — during the previous reading. The decline had little impact on the ESI’s 2017… Continue reading Consumer Confidence Slides To Two-Month Low
Category: Information and Insights
Consumer Confidence Dips Slightly As The Holiday Season Arrives
Following a consumer-oriented weekend bookended by Black Friday and Cyber Monday, U.S. consumer confidence dipped 0.3 points below its record-tying high of 53.2 from the previous reading, according to the HPS-CivicScience Economic Sentiment Index (ESI). This is the first decline in economic sentiment since October 3, when the ESI fell 0.1 points from the previous reading.… Continue reading Consumer Confidence Dips Slightly As The Holiday Season Arrives
Consumer Confidence Reaches 34-Month High
Consumer confidence continued to improve for the fourth consecutive reading, rising 0.5 points to 53.2, a 34-month high, according to the HPS-CivicScience Economic Sentiment Index (ESI). This reading is also the second-highest reading in the history of the ESI, just 0.1 points lower than the record of 53.3 set on January 13, 2015. The current reading’s… Continue reading Consumer Confidence Reaches 34-Month High
Consumer Confidence Improves To Best Level Since March 2017
Consumer confidence increased for the second consecutive reading, rising 0.9 points from 51.8 to 52.7, according to the HPS-CivicScience Economic Sentiment Index (ESI). With this increase, consumer confidence reached its highest level since March 21, 2017, when confidence peaked at 53.0. Additionally, the ESI has changed its recent pattern of minimal movements, moving by more… Continue reading Consumer Confidence Improves To Best Level Since March 2017
Economic Sentiment Sees Largest Movement Since April, Improves 1.1 Points
Economic sentiment improved 1.1 points, rising from 50.7 to 51.8 during the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). This increase marks the largest movement during the two-week reading since April 4, 2017 when the index fell 2.2 points. Recently, the ESI has remained fairly stable, and the 1.1 point movement marks… Continue reading Economic Sentiment Sees Largest Movement Since April, Improves 1.1 Points
Consumer Confidence Continues Slide, Drops For Fourth Consecutive Reading
Consumer confidence in the economy declined for the fourth straight reading, falling 0.1 point to 50.7 over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). While the declines during the last four readings have been comparatively small, this is the longest streak of consecutive declines the ESI has experienced since March 2015.… Continue reading Consumer Confidence Continues Slide, Drops For Fourth Consecutive Reading
Consumer Confidence Continues Trend Of Minor Movements, Declines Just 0.1 Points
Consumer confidence declined 0.1 points to 50.8 during the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). This slight decline continues the ESI’s summer trend of minor movements as the index never moved more than 1.0 point between readings from May to September. The index began the summer with a reading of… Continue reading Consumer Confidence Continues Trend Of Minor Movements, Declines Just 0.1 Points
Consumer Confidence In Making A Major Purchase Plummets As Summer Draws To A Close
Despite a more than 4.0 point decline in consumer confidence in making a major purchase, overall confidence among consumers fell just 1.0 point to 50.9 during the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). The 4.2 point decline in economic sentiment toward making a major purchase dropped the indicator to 49.1,… Continue reading Consumer Confidence In Making A Major Purchase Plummets As Summer Draws To A Close
Consumer Confidence Remains Largely Unchanged Despite Tumultuous News Cycle
Consumer confidence decreased slightly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). The index fell 0.1 points from 52.0 to 51.9. The decline comes amidst the violence in Charlottesville, VA, on Saturday, August 12. In the aftermath of the clashes and President Trump’s multiple statements in response, the second week… Continue reading Consumer Confidence Remains Largely Unchanged Despite Tumultuous News Cycle
Consumers Feeling More Confident As Congress Adjourns For Recess
Consumer confidence improved 0.4 points to 52.0 during the past two weeks to reach its highest point since March 2017, according to the HPS-CivicScience Economic Sentiment Index (ESI). Of note, consumer confidence in making a major purchase hit a 12-month high after a 1.6 point increase. Consumer confidence has slowly improved throughout the summer, increasing… Continue reading Consumers Feeling More Confident As Congress Adjourns For Recess