Consumer Confidence Drops To Lowest Level In More Than 21 Months

Economic sentiment among consumers has descended to its lowest level in more than a year and a half, according to the HPS-CivicScience Economic Sentiment Index (ESI). Over the last two weeks, the ESI dropped 1.2 points, from 47.1 to 45.9, bringing the index down to its lowest point since the September 9, 2014 reading of 45.7. The decline erased all gains made during the previous reading on May 31, 2016, and lowers the 2016 ESI average to 47.1.

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ESI Rises Slightly As Summer Kicks Off

Consumer confidence rose slightly and recovered from its drop during the previous reading, according to the HPS-CivicScience Economic Sentiment Index (ESI). The ESI rose to 47.1, but remains well below its reading from this time last year, which was 48.8. The slight rise in consumer confidence was driven by four of the five indicators, with confidence in the labor market being the only component to fall.

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Consumer Confidence Sinks To Lowest Point Since September 2014

Consumer confidence in economic conditions worsened over the past two weeks, as the HPS-CivicScience Economic Sentiment Index (ESI) fell 0.9 points to 46.5, its lowest level since September 23, 2014. Falling confidence in four of the index’s five indicators drove the decline, and the reading moves the ESI’s 2016 average down from 47.3 to 47.2.

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Rise In Economic Sentiment Fueled By Confidence In Housing And Labor Markets

Economic sentiment among consumers increased slightly over the past two weeks, rising from 47.1 to 47.4, according to the HPS-CivicScience Economic Sentiment Index (ESI). The 0.3 point increase marks the second consecutive such rise in the index and means consumer confidence has been on the rise for a month now after having reached its lowest level (46.8) of 2016 during the April 5 reading. The increase to 47.4 puts the ESI just above its 2016 average of 47.3 through nine readings thus far.

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Consumer Confidence Rebounds Slightly, Remains Below 2016 Average

Consumer confidence rebounded slightly over the past two weeks after sinking to its lowest level of 2016 during the April 5 reading, according to the HPS-CivicScience Economic Sentiment Index (ESI). Reversing a month-long slide, the index increased 0.3 points to 47.1, bringing the ESI to its highest level in a month. The slight jump also brings the ESI to just below its 2016 average of 47.29.

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Consumer Confidence Continues Slide, Matches Lowest Level For 2016

Consumer confidence declined again over the past two weeks, continuing a month-long negative trend, according to the HPS-CivicScience Economic Sentiment Index (ESI). The index fell 0.3 points since March 22, dropping from 47.1 to 46.8. This ties the ESI’s lowest level thus far for 2016, matching the January 26 reading. Excluding the January 26 reading, this is the lowest the index has been since October 21, 2014.

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Among Five Indicators, Consumers Now Least Confident In Broader U.S. Economy

After jumping to its highest point thus far in 2016, consumer confidence fell over the course of the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). The ESI dropped by more than full point, from 48.3 to 47.1, giving back almost all of the gains accumulated during the March 8 reading. The decline puts the current reading below the 2016 ESI average of 47.4, and it marks the fourth time in six readings in 2016 that the index has fallen.

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Consumer Confidence Jumps To Highest Level Of 2016

Consumer confidence has climbed to its highest point thus far in 2016, according to the HPS-CivicScience Economic Sentiment Index (ESI). The ESI rose more than a full point in the past two weeks, increasing from 47.0 to 48.3, and is now even with the final reading of 2015. This marks only the second time the ESI has increased in five readings in 2016, but the index still lags 1.3 points behind the March 10, 2015, reading from a year ago.

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Consumer Confidence In The Broader U.S. Economy Rises Sharply

Despite confidence in the broader U.S. economy rising more than 2.0 points, overall consumer confidence declined over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). The ESI’s decline marks the third time in four readings during 2016 when the index has dropped. After improving by 0.5 points during the February 9 reading, the ESI fell 0.3 points over the past two weeks, from 47.3 to 47.0. Compared to the February 24, 2015, reading from one year ago, the ESI is down almost three points, from 49.9 to the current level of 47.0.

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Consumer Confidence Rises For The First Time In 2016

Consumer confidence rose slightly over the past two weeks from 46.8 to 47.3, according to the HPS-CivicScience Economic Sentiment Index (ESI). The increase is the first time the ESI has risen in 2016, but consumer confidence is still approximately four points below where it was at this time last year. All five components of the ESI rose over the past two weeks, so the small increase was not driven by any particular component.

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