Consumers Ready To Spend, But Confidence In The Broader Economy Wanes

Consumer confidence rebounded slightly from its previous decline, increasing 0.6 points from 50.8 to 51.4, according to the HPS-CivicScience Economic Sentiment Index (ESI). The increase helped the ESI recover some of its losses from the previous reading, when the index fell 2.1 points. Consumer confidence in making a major purchase surged 3.1 points to bring… Continue reading Consumers Ready To Spend, But Confidence In The Broader Economy Wanes

Consumer Confidence Falls Amidst Failed Efforts To Repeal ACA

Consumer confidence dropped sharply, falling from its 2017 high of 52.9 by 2.1 points to 50.8, according to the HPS-CivicScience Economic Sentiment Index (ESI). The decline comes during Congress and the Trump Administration’s ongoing debate on healthcare reform. The three-day rolling average reveals that the ESI’s average dropped steeply, falling 2.5 points, the day before… Continue reading Consumer Confidence Falls Amidst Failed Efforts To Repeal ACA

Consumer Confidences Completes Rebound Hitting New 2017 High

After a brief dip, consumer confidence has risen for three consecutive readings and now stands at a 2017 high of 52.9, according to the HPS-CivicScience Economic Sentiment Index (ESI). The ESI’s previous high for 2017 was 52.8, which it reached on Tuesday, January 24. While in 2016, consumer confidence only rose above 50.0 three times, the… Continue reading Consumer Confidences Completes Rebound Hitting New 2017 High

Consumers Remain More Confident In 2017 Than In 2016

Consumer confidence remained steady over the past two weeks, improving slightly from 51.2 to 51.5, according to the HPS-CivicScience Economic Sentiment Index (ESI). Despite only a small increase of 0.3 points, consumers have consistently felt more confident in 2017 than in 2016. The ESI’s 2017 average of 51.6 remains more than 4.0 points above its 2016 average… Continue reading Consumers Remain More Confident In 2017 Than In 2016

Consumer Confidence Rebounds But Fails To Recapture Full Losses From Previous Decline

Consumer confidence rebounded from its decline during the previous reading, rising 1.3 points to 51.2, according to the HPS-CivicScience Economic Sentiment Index (ESI). During the ESI’s last reading, consumer confidence dropped significantly, bucking a trend of increases from the end of November 2016 through January 2017. This reading’s improvement helps the ESI regain some of its losses, but the index remains 1.6 points… Continue reading Consumer Confidence Rebounds But Fails To Recapture Full Losses From Previous Decline

Steep Drop In Consumer Confidence Erases Majority Of Post-Election Gains

Consumer confidence fell nearly 3.0 points to 49.9, its lowest level since November 15, 2016, according to the HPS-CivicScience Economic Sentiment Index (ESI). Confidence in the economy had been increasing steadily since October 2016, rising in six of the previous seven readings. The ESI’s three-day rolling average, which tracks short-term movement during the reading, ended the… Continue reading Steep Drop In Consumer Confidence Erases Majority Of Post-Election Gains

Consumer Confidence At New 12-Month High For Second Consecutive Reading

Entering the first week of the new presidential administration, consumer confidence increased slightly, according to the HPS-CivicScience Economic Sentiment Index (ESI), pushing confidence levels to a new 12-month high. While economic sentiment remained fairly stable during the two-week reading, the slight bump of 0.4 points brings the ESI to 52.8, its highest level since January… Continue reading Consumer Confidence At New 12-Month High For Second Consecutive Reading

New Year Starts With Consumer Confidence At A High

During the first two weeks of 2017, consumer confidence rebounded from its previous decline to begin the year at a 12-month high, according to the HPS-CivicScience Economic Sentiment Index (ESI). Economic sentiment increased 0.6 points to 52.4, making a full recovery from its only decline in six readings that occurred during the last two weeks of… Continue reading New Year Starts With Consumer Confidence At A High

Despite Christmas Day Bump, Consumer Confidence Fades Slightly In Final Reading Of 2016

Consumer confidence in the economy has declined for the first time in over two months, according to the HPS-CivicScience Economic Sentiment Index (ESI). Economic sentiment among consumers dropped 0.6 points during the ESI’s two-week reading period, falling from 52.4 to 51.8. Prior to today’s report, the ESI had increased each reading since October 18, steadily… Continue reading Despite Christmas Day Bump, Consumer Confidence Fades Slightly In Final Reading Of 2016

Consumer Confidence Continues Post-Election Surge In Advance Of The Holidays

Consumer confidence increased for the fourth straight reading to reach 52.4, according to the HPS-CivicScience Economic Sentiment Index (ESI). Since its last decline on October 18, 2016, consumer confidence has increased a total of 5.7 points, reaching its highest level since January 27, 2015. With the help of steady increases, the ESI’s 2016 average is now 47.4,… Continue reading Consumer Confidence Continues Post-Election Surge In Advance Of The Holidays