Category: Information and Insights

After a slight uptick last period, economic sentiment fell again over the past two weeks, declining 0.5 points to 40.5, according to the HPS-CivicScience Economic Sentiment Index (ESI). This reading marks the second-lowest in ESI history, following its all-time low of 40.1 last month.  Click here to view image. This week’s reading indicates a divergence… Continue reading Consumer Sentiment Remains Near Historic Low

Economic sentiment inched up over the past two weeks, on the heels of the passage of President Biden’s signature infrastructure deal in the House of Representatives. The HPS-CivicScience Economic Sentiment Index (ESI) rose 0.9 points to 41.0, only the second gain since early August. The ESI’s three-day moving average closed out on a four-day, 4.5-point… Continue reading Economic Sentiment Recovers Slightly

Overall consumer economic sentiment dropped 1.4 points to 40.1, according to the HPS-CivicScience Economic Sentiment Index (ESI), tying with March 2020 for the lowest recording in ESI history. Click here to view image. Confidence in making a major purchase fell drastically, declining 6.2 points to an all-time low of 25.1, amid supply chain problems that… Continue reading Consumer Economic Sentiment Collapses To Historic Low

Overall consumer economic sentiment dropped 1.3 points to 41.5, according to the HPS-CivicScience Economic Sentiment Index (ESI), the second-lowest recording in ESI history behind March 2020 when the COVID-19 pandemic began. This week’s decline was driven by falling confidence in all five ESI indicators, including confidence in the overall U.S. economy, which hit its lowest… Continue reading With No End In Sight To COVID-19, Economic Sentiment Continues to Decline With Confidence In Overall U.S. Economy Reaching Historic Low

Economic sentiment experienced its first positive movement since early August, as the HPS-CivicScience Economic Sentiment Index (ESI) eked out a 0.3 gain, after an uptick in the ESI’s three-day moving average since September 25. Leading the charge were jumps in confidence in the housing market and finding a new job. Click here to view image.… Continue reading A Speckle Of Relief For Economic Sentiment

Overall economic sentiment was unchanged over the past two weeks, as consumers digested an array of differing economic indicators. The HPS-CivicScience Economic Sentiment Indicator (ESI) remained at 42.5. Click here to view image. While overall economic sentiment remained the same since last period, the ESI’s five constituent indicators did make moves. Confidence in personal finances… Continue reading Economic Sentiment Unchanged As Consumers Digest Mixed Economic Signals

Economic sentiment continued its decline over the past two weeks, with consumers expressing a particular lack of confidence in the overall U.S. economy. The HPS-CivicScience Economic Sentiment Index (ESI) dropped 0.4 points to 42.5, nudging closer to the all-time low of 40.1 reached in March 2020 when the COVID-19 pandemic hit the United States. Click… Continue reading Economic Sentiment Nears Historic Low Set At Start Of Pandemic

Over the past two weeks, economic sentiment slumped to its lowest reading since April 2020, with the HPS-CivicScience Economic Sentiment Index (ESI) declining 2.3 points to 42.9. Overall confidence in the U.S. economy sank dramatically, driving the decline along with record-low confidence in the housing market and near record-low confidence in making a major purchase.… Continue reading Consumer Confidence Hits Lowest Point Since April 2020

Economic sentiment eked out a positive gain over the past two weeks, amid questions surrounding inflation, vaccination rates, and new mask mandates. The HPS-CivicScience Economic Sentiment Index (ESI) added 0.2 points, driven mostly by a recovery in sentiment towards making a major purchase. Click here to view image. The ESI’s five indicators diverged substantially over… Continue reading Economic Sentiment Nudges Upward

Economic sentiment fell to its lowest point so far in 2021, as the HPS-CivicScience Economic Sentiment Index (ESI) dropped 2.8 points to 45.0. Amidst a surge in inflation worries, confidence in making a major purchase and confidence in the housing market drove a significant decline. Click here to view image. After briefly reversing in the… Continue reading Consumer Confidence Slumps To 2021 Low Amid Spending Reluctance