Category: Information and Insights

Economic sentiment decreased over the past two weeks, a period marked by news of potential economic softening and a further Fed rate hike. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.6 points to 35.4. Click to view image. Three of the ESI’s five indicators decreased over the past two weeks. Confidence in buying a new… Continue reading Economic sentiment falls as Fed hikes rates

Economic sentiment increased slightly over the past two weeks, hanging on to a period of relative elevation that began in mid-June. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.1 points to 36.0. Click to view image. Three of the ESI’s five indicators increased over the past two weeks. After experiencing its second-biggest drop of 2023… Continue reading Economic sentiment holds steady

Economic sentiment decreased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.3 points to 35.9. Click to view image. The overall drop in confidence was the result of drops in just two of the ESI’s five constituent indicators. After a significant increase last reading, confidence in making a major purchase decreased… Continue reading Economic sentiment falls, driven by falling confidence in making a major purchase

Economic sentiment increased over the past two weeks in the largest single-reading increase since July 2022. The Penta-CivicScience Economic Sentiment Index (ESI) rose 2.1 points to 36.2. All of the ESI’s five indicators increased over the past two weeks. Confidence in making a major purchase improved the most, rising 3.2 points 25.5—its largest single-reading increase… Continue reading Economic sentiment sees biggest increase since July 2022

Economic sentiment recovered slightly over the past two weeks, in the wake of the debt ceiling deal. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.2 points to 34.1. Click to view image. The overall increase in confidence was driven by jumps in just two of the ESI’s five indicators. Confidence in the overall U.S. economy… Continue reading Economic sentiment slightly recovers after large drop

Economic sentiment decreased over the past two weeks following three consecutive reading increases. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.6 points to 33.9. Click to view image. All of the ESI’s five indicators decreased over the past two weeks. Confidence in the overall U.S. economy decreased the most, falling 3.3 points to 31.6—its largest… Continue reading Economic sentiment suffers third-biggest decline of past twelve months

Economic sentiment increased again over the past two weeks—its third consecutive hike following multiple large drops in March and early April. The Penta-CivicScience Economic Sentiment Index (ESI) rose 1.0 point to 35.5. Click to view image. All of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy improved… Continue reading Confidence in the overall U.S. economy pushes consumer sentiment higher

Economic sentiment slightly increased over the past two weeks, the first increase in sentiment in back-to-back readings this year. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.2 points to 34.5. Click to view image. Three of the ESI’s five indicators increased over the past two weeks. Confidence in buying a new home grew the most,… Continue reading Economic sentiment increases for second reading in a row

Economic sentiment dropped again over the past two weeks as unease about the banking system persisted. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.9 points to 33.3, the largest drop in the overall index since July 2022. Leading the decline was a collapse in confidence in find a new job—an especially notable development since confidence… Continue reading Confidence in job market sees biggest drop since March 2020