Is College Worth It? Education, Student Debt, and Economic Confidence

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With increased attention given to rising student debt levels, the question “Is college worth it?” is being asked more and more. To help answer this question, we examined the impact of both education levels and student debt on individuals’ economic confidence, using the HPS-CivicScience Economic Sentiment Index (ESI).

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Despite A Disappointing Job Month, Labor Market Confidence Jumps Almost 3 Points To A 5-Month High

While August payrolls disappointed — coming in at only 142,000 compared to expectations of 225,000 — consumer confidence in the labor market jumped to a five-month high of 36.9 over the last two weeks. However, consumer confidence dipped slightly overall from 46.3 to 45.7, according to the latest data from the HPS-CivicScience Economic Sentiment Index (ESI). While roughly four points above its level from this time last year, the ESI has been fairly stable since March and continues to hover around 46.

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Consumer Confidence Remains In Limbo After Slight Uptick

Consumer confidence edged up slightly to 46.3 over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). The index, which has not fluctuated beyond a two-point range of 45.5 to 47.5 since mid-March, has been remarkably stable, possibly reflecting an economy that has consistently added 200k plus jobs every month during this time period. Yet, it’s worth noting that while confidence is elevated relative to this time last year, 46.3 does not signal robust confidence among America’s consumers.

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Quarterly Report: Increasing Consumer Confidence Continues In Q2

According to the Q2 2014 HPS-CivicScience Economic Sentiment Index (ESI), the quarterly measure of the ESI continues to rise after a strong 2014 first quarter. The ESI two-week rolling average shows that consumer confidence has been marked by stability, holding above its end of July level a year ago. The quarterly report examines confidence by income, region, occupation, age, and more.

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For Nearly The Fifth Straight Month, Consumer Confidence Remains Above 46

Consumer confidence held steady, dropping just 0.1 points to 46.4 over the last two weeks, according to the latest data from the HPS-CivicScience Economic Sentiment Index (ESI). Even with the slight decrease, consumer confidence is 1.1 points higher than it was at this point in 2013, and remains above the 2014 average. An increase in confidence in personal finances helped keep the ESI at 46 or higher for the 10th straight two-week period.

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Holding Steady: Consumer Confidence Remains Above 46 For Fourth Straight Month

Rising 0.1 points to 46.5, the HPS-CivicScience Economic Sentiment Index (ESI) remains largely unchanged for the second report in a row. The ESI is nearly 1.0 point above the 2014 average, and 2.5 points above the trailing-twelve-month average. Consumer confidence has remained above 46 since mid-March and is higher than where it was this time last year, when it began a steep decline that lasted through the fall.

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Consumer Confidence – World Cup Edition

Consumer confidence fell 0.2 points to 46.4 over the past two weeks, according to the latest data from the HPS-CivicScience Economic Sentiment Index (ESI). The small drop in consumer confidence completes a 1.1 point drop in the month of June and a modest 0.3 point drop over the calendar year.  However, consumer confidence still remains above the 2014 average in part due to confidence in consumer financing, which rose to a calendar year high of 58.4.

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Consumer Confidence Dips Slightly, But Remains Above 2014 Average

Consumer confidence fell 0.9 points to 46.6 over the past two weeks, according to the latest data from the HPS-CivicScience Economic Sentiment Index (ESI). While slightly down from two weeks ago, the ESI remains above its 2014 average and is at a similar level from one year ago. Notably, consumer confidence has remained at or above 46.0 since March 25th, supported by rising confidence in making a major purchase, which once again hit a 27-week high over the past two weeks.

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