Economic sentiment posted another strong increase over the last two weeks. Two things are significant about this latest reading: it represents the biggest single-reading jump in over a year (rising 2.2 points to 37.7), and the ESI now stands at its highest value since March 1, 2022. Just as in the last reading, all five […]
Economic Sentiment Increases to Its Highest Point Since July 2023
Economic sentiment posted a strong increase to kick off 2024. The Penta-CivicScience Economic Sentiment Index (ESI) jumped 1.2 points to 35.5 over the past two weeks, rising to its highest point since July 2023. All five of the ESI indicators increased over the past two weeks. Confidence in the overall U.S. economy rose the most, […]
Economic Sentiment Decreases Slightly
Economic sentiment declined over the last two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) decreased 0.2 points to 34.2. Three of the five ESI indicators decreased over the past two weeks. Confidence in the overall U.S. economy fell the most, dropping 1.5 points to 35.7. —Confidence in making a major purchase fell 0.7 points to […]
Economic Sentiment Increases for Second Reading in a Row
Economic sentiment increased over the last two weeks, rising to its highest point since early August. The Penta-CivicScience Economic Sentiment Index (ESI) increased 0.8 points to 34.5. All five of the ESI indicators increased over the past two weeks—the first time since June all have increased. Confidence in making a major purchase increased the most, […]
Bad Week To Be a Bird, Good Week for Economic Sentiment
Economic sentiment rallied heading into Thanksgiving and Black Friday weekend, on the back of a blockbuster jump in confidence in the overall US economy. The Penta-CivicScience Economic Sentiment Index (ESI) increased 1.7 points to 33.7 after having fallen to its lowest point in over a year last reading. Four of the five ESI indicators increased […]
Economic Sentiment Falls to Its Lowest Point in Over a Year
Economic sentiment declined over the last two weeks, falling to its lowest point in over a year. The Penta-CivicScience Economic Sentiment Index (ESI) decreased 1.1 points to 32.0. Four of the ESI’s five indicators decreased over the past two weeks. Confidence in personal finances decreased the most, falling 1.9 points to 51.8. —Confidence in making […]