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. Three of the ESI’s five indicators increased over the past two weeks. After experiencing its second-biggest drop of 2023 last reading, confidence in […]
Economic Sentiment Falls, Driven by Falling Confidence in Making a Major Purchas...
Economic sentiment decreased over the past two weeks. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.3 points to 35.9. 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 the most, falling 2.1 […]
Economic Sentiment Sees Biggest Increase Since July 2022
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 to 25.5 — its […]
Economic Sentiment Slightly Recovers After Large Drop
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. 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 increased the most, rising […]
Economic Sentiment Suffers Third-Biggest Decline of Past 12 Months
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. 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 single-reading decrease […]
Confidence in the Overall U.S. Economy Pushes Consumer Sentiment Higher
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 one point to 35.5. All of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy improved the most, […]