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

Economic Sentiment Improves Slightly As Consumers Feel Increasingly Confident In The Labor Market

Consumer confidence increased slightly by 0.4 points to 51.6 during the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). The rise in confidence continues the ESI’s recent trend of modest improvement, as the index has improved 1.1 points since the June 27 reading. Consumers continue to feel more confident in 2017 than in 2016,… Continue reading Economic Sentiment Improves Slightly As Consumers Feel Increasingly Confident In The Labor Market

Consumer Confidence Remains Steady Heading Into The Second Half Of 2017

Consumer confidence improved slightly to start the second half of the year, rising 0.7 points to 51.2, according to the latest reading of the HPS-CivicScience Economic Sentiment Index (ESI). Increased confidence in personal finances and the broader U.S. economy drove the slight bump, which offset the 0.8 point drop over the previous two weeks. The… Continue reading Consumer Confidence Remains Steady Heading Into The Second Half Of 2017

Consumer Confidence In The Labor Market And In Personal Finances Plunges

A 0.8 point decline in overall consumer confidence during the past two weeks was fueled by a significant decline in confidence in the labor market and in personal finances, according to the HPS-CivicScience Economic Sentiment Index (ESI). Consumer confidence in personal finances fell 2.5 points to 62.6, its lowest level since the beginning of April, when the… Continue reading Consumer Confidence In The Labor Market And In Personal Finances Plunges

Consumer Confidence Improves Despite Pessimism Toward The Broader U.S. Economy

After holding steady during the latter half of May, consumer confidence increased 0.6 points to 51.3 points during the first two weeks of June, according to the HPS-CivicScience Economic Sentiment Index (ESI). As the halfway point of 2017 nears, consumer confidence hovers just below the index’s 2017 average of 51.4. Despite recent readings’ more modest confidence, consumers continue to… Continue reading Consumer Confidence Improves Despite Pessimism Toward The Broader U.S. Economy

Economic Sentiment Flat As Summer Begins

As summer kicked off with the passage of Memorial Day, consumer confidence remained steady, according to the HPS-CivicScience Economic Sentiment Index (ESI). The ESI came in once again at 50.7 over the past two weeks, after falling 0.4 points during the May 16 reading. While today’s reading sits below the ESI’s 2017 average of 51.4, the ESI remains higher… Continue reading Economic Sentiment Flat As Summer Begins

Economic Sentiment Declines Slightly As Confidence In The U.S. Economy Wanes

Consumer confidence in the economy fell slightly in the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Since Tuesday, April 18, consumer confidence has now dropped 0.7 points, from 51.4 to today’s reading of 50.7. The index now sits at its lowest level for 2017 since February, when the index fell to… Continue reading Economic Sentiment Declines Slightly As Confidence In The U.S. Economy Wanes

Consumer Confidence Drops Slightly As President Trump Surpasses 100 Days In Office

Consumer confidence declined slightly over the past two weeks, dropping 0.3 points to 51.1, according to the HPS-CivicScience Economic Sentiment Index (ESI). After reaching a 2017 high of 52.9 on Tuesday, March 21, consumer confidence has waned, shifting between 50.8 and 51.4 in the past month. Despite the decline during the most recent reading, consumer confidence remains well above… Continue reading Consumer Confidence Drops Slightly As President Trump Surpasses 100 Days In Office