Consumer Confidence Hits 14-Month Low Amid Coronavirus Outbreak

As the spread of COVID-19 (coronavirus) brings countries and the global economy to a standstill, consumer confidence continued its drastic decline, slipping to its lowest point in over a year. The HPS-CivicScience Economic Sentiment Index (ESI) followed last reading’s fall of 1.9 points with a 2.4 point drop to land at 49.4, its lowest reading since January 2019.

As countries face disruptions to global supply chains and consumer demand shifts to reflect social distancing measures and closed businesses, consumer sentiment towards the labor market, personal finances, and making a major purchase have all plummeted. On the other hand, sentiment toward the broader US economy has improved, and confidence in the housing market remains strong.


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Three of the ESI’s indicators fell over the past two weeks. Consumer confidence in the labor market fell the most, plummeting by 5.3 points to 38.1, its lowest reading since 2015. Sentiment toward personal finances and making a major purchase decreased by 5.2 and 4.8 points, respectively. Meanwhile, consumer confidence in the broader U.S. economy improved by 2.3 points to 47.0, and sentiment toward the housing market increased by 1.1 points to 54.4.

The stark decline continues the overall downward trend since the start of year, and comes amid the rapidly evolving COVID-19 crisis. As countries around the world move to contain the pandemic, the U.S. has seen stock markets plummet and the Federal Reserve cut interest rates to zero and promise to buy at least $700 billion in government and mortgage-related bonds. Meanwhile, state governments are taking action to slow the spread of the virus and encourage social distancing, resulting in slowed economic activity both in the U.S. and abroad.


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The three-day rolling average started at 51.1 and remained relatively steady before hitting its peak of 52.4 on March 11. It then declined to reach a low of 44.2 on March 16 before closing the reading on a slight upswing, ending at 45.5.


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The next release of the ESI will be on Wednesday, April 1, 2020.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper, and follow us on Twitter – @HPS_CS.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. New York, and California. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Rebound In Consumer Confidence Short-Lived As Economic Sentiment Drops Sharply Over Fears About The U.S. Economy

Consumer confidence fell considerably over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), following a slight uptick in confidence in the last reading. The ESI fell 1.9 points over the past two weeks. Fueling the drop was a drastic decrease of 5.0 points in confidence in the overall U.S. economy. Counterintuitively, confidence in the housing market rose to a 12-month high.


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Four of the ESI’s five indicators fell over the past two weeks. Confidence in the broader U.S. economy dropped the most drastically, falling 5.0 points to 44.7, its largest drop since August 2019. Confidence in labor markets fell by 2.6 points and confidence in making a major purchase fell by 2.3 points, to 43.4 and 53.6, respectively. Confidence in personal finances posted a more modest decline, falling 1.2 points to 63.8. The only indicator to rise over the past two weeks was confidence in the housing market, which rose 1.4 points to 53.3.

The sharp decline in consumer confidence comes as uncertainty grows surrounding the economic impact of the global coronavirus epidemic. U.S. stocks last week suffered their worst weekly losses since the 2008 financial crisis. New home sales, however, jumped 7.9% in January — to the highest level since July 2007 — according to Commerce Department data released last week. Relatedly, 30-year mortgage rates reached their lowest rates in February since July 2016, according to Freddie Mac data.


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The three-day moving average began the two-week stretch by posting substantial increases, peaking at 55.6 on February 21. It then experienced a steady decline, rebounding slightly on February 25 and 26 before declining more dramatically. After hitting a two-week low of 47.8 on March 2, the moving average rebounded, ending at 49.7 on March 3.


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The next release of the ESI will be on Wednesday, March 18, 2020.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper, and follow us on Twitter – @HPS_CS.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. New York, and California. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Increased Confidence In Labor Market, Overall Economy Produce Modest Gain In Consumer Sentiment

Consumer confidence increased slightly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), rebounding from a plunge in confidence in the last reading. The ESI rose by 0.4 points to 53.7 over the past two weeks. The modest rise was driven by significant improvements in sentiment towards labor markets and the broader U.S. economy, which were largely offset by continued drops in the Major Purchases, Personal Finances and New Home indicators.


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Two of the ESI’s five indicators increased over the past two weeks. Consumer confidence in labor markets experienced the largest improvement, rising by 1.8 points to 46.0, while confidence in the broader U.S. economy rose 1.5 points to 49.7. These increases were largely balanced out by drops in other indicators. Confidence towards making a major purchase and housing markets both dropped by 0.4 points to 55.9 and 51.9, respectively. Consumer confidence in personal finances dropped 0.4 points to 65.0.

The moderate increase comes after the release of a better-than-expected jobs report for January, with unemployment remaining near 50-year lows and the labor force participation rate reaching a seven-year high. Weighing on the economy, however, is the continued threat posed by Covid-19 and its creeping impact on earnings.


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The three-day rolling average peaked shortly after the release of the January job numbers, reaching 54.8 on Feb. 9. It then experienced a steady decline, reaching its low of 52.8 on Feb 15 and again on February 17 before rebounding to end at 53.7 on Feb. 18.


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The next release of the ESI will be on Wednesday, March 4, 2020.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper, and follow us on Twitter – @HPS_CS.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. New York, and California. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Timber! Consumer Confidence Plummets Across All Indicators

Consumer confidence fell quickly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Despite last reading’s surge, the ESI fell from its peak by 1.2 points to 53.3. The steep decline was the result of sagging confidence across the board, but driven by a significant drop in confidence towards the labor market.


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All five of the ESI’s indicators fell over the past two weeks. Consumer confidence in the labor market fell the most, decreasing by 2.8 points to 44.2. Sentiment toward making a major purchase and the U.S. economy both decreased by 1.1 points to 48.2 and 56.3, respectively. Reductions in confidence in the housing market and personal finances rounded out the sour reading as they fell by 0.8 and 0.1 points.

The decline follows January’s boost of confidence and comes amid a wave of destabilizing news, including the senate impeachment trial and fear over the spread of the novel coronavirus. This news has driven down markets, led to swings in oil prices , and kept American’s on the edge of their seat.


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The three-day rolling average started at its peak of 54.9. It then experienced a steady decline, reaching its low of 52.0 on January 30 and again on Feb. 3 before closing the reading on an upswing, ending at 53.5.


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The next release of the ESI will be on Tuesday, February 18, 2020.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper, and follow us on Twitter – @HPS_CS.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. New York, and California. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Consumer Confidence Rebounds To Highest Level In Nearly Two Years

Consumer confidence rebounded significantly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following last reading’s decline of 1.2 points, the ESI moved up by 2.5 points during this reading to reach 54.5, its highest level since February 2018’s reading of 55.6. The rebound was led by large increases in consumer confidence in making a major purchase and confidence toward the labor market.


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Four of the ESI’s five indicators increased over the past two weeks. Consumer confidence in making a major purchase experienced the largest improvement, rising by 3.7 points to 57.4. Sentiment toward the labor and housing markets also jumped by similar amounts, moving up 3.5 and 3.3 points, respectively. Consumer confidence in the broader U.S. economy also improved, increasing by 2.5 points. Meanwhile, the only indicator to drop was confidence in personal finances, which declined by 0.6 points to 65.5.

The rebound comes on the heels of several positive economic signals, including the long-awaited signing of the U.S.-China phase one trade deal and a solid December jobs report that concluded 2019’s significant job growth of over 2.1 million jobs. Additionally, earnings season kicked off to a strong start, with several American banks reporting better-than-expected earnings.


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The three-day rolling average started off the last two-week period on the upswing, rising from 50.7 on January 8 to a peak of 56.4 on January 11. The moving average then dropped a little before leveling out to end the reading period at 55.0.


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The next release of the ESI will be on Tuesday, February 4, 2020.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper, and follow us on Twitter – @HPS_CS.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. New York, and California. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Consumer Confidence Rebounds, Driven By Confidence In The Broader U.S. Economy

Consumer confidence increased significantly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following a 2.2 point drop from May 14 to June 11, the ESI rebounded over the past two weeks, increasing 2.6 points to reach 54.2 – its highest level since February 2018.

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All five of the ESI indicators increased during the reading. Confidence in the broader U.S. economy rose the most, increasing 4.2 points to 50.7, its highest reading since September 2018. Consumer confidence in making a major purchase rose 3.1 points to 56.6. Confidence in personal finances and the housing market also increased, rising 3.0 points and 2.1 points respectfully. Economic sentiment toward the labor market was the slowest rising indicator increasing 0.6 points to 45.0, well below its 2019 high of 48.1 in May.

The increase in consumer confidence comes as the Federal Reserve decided to keep interest rates unchanged, but signaled potentially cutting rates in the coming months.

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The three-day rolling average began the period at its low point, starting at 51.5 on June 12. The moving average steadily increased to reach its peak of 55.6 on June 21, before closing out the reading on June 25 slightly below the peak at 55.5.

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The next release of the ESI will be on Tuesday, July 9, 2019.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. and San Francisco. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.ts powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Consumer Confidence Continues Slide As Confidence In Labor Market Plummets

Consumer confidence continued to decline over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following a 0.9-point drop at the end of May, the ESI declined by 1.3 points to 51.6 points over the past two weeks, the largest drop this year. The decline brings the ESI to its lowest reading since March.


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Four of the ESI’s five indicators decreased during the reading. Consumer confidence in the labor market experienced the largest drop, declining by 3.7 points to 44.4 – its lowest point since January of this year. Economic sentiment toward the broader U.S. economy and personal finances also dropped, decreasing by 1.5 and 1.2 points, respectively. Sentiment toward the broader economy is at its lowest point since February of this year. Confidence in making a major purchase also declined by 0.3 points. Meanwhile, economic sentiment toward the housing market was the lone indicator to improve, rising 0.3 points to 49.8.

The decline in consumer confidence comes as the Bureau of Labor Statistics’ May jobs report came in under expectations, with just 75,000 jobs added to the U.S. economy. The report followed data from payroll processor ADP that shows private employers added 27,000 private-sector jobs during May, the lowest number since 2010.

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The three-day rolling average started out at its peak, beginning at 54.8 points on May 29 before dropping to a low of 49.3 on June 2. The moving average trended upward and before closing out the reading period at 52.6 on June 11, 2.2 points below its peak.

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The next release of the ESI will be on Tuesday, June 25, 2019.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. and San Francisco. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.ts powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Consumer Confidence Falls, Led By Declining Confidence In Making A Major Purchase

Consumer confidence fell significantly the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), decreasing by 0.9 points. The ESI has risen over the past two months, but decreased over the past two weeks to 52.9, its largest decline since January.


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Three out of the ESI’s five indicators decreased during the reading. Consumer confidence in making a major purchase experienced the largest decline, falling 2.3 points to reach 53.8. This decrease was trailed by a 2.2 point decrease in economic sentiment toward the broader economy which fell to 48.0, ending its 2019 climb. Consumer confidence in the broader housing market also fell to a two month low of 49.5 points. Meanwhile, confidence in personal finances rose to 65.0, a 1.1 point increase. Labor market confidence also rose 0.6 points to 48.1, its highest reading since November.

The significant decrease to the ESI comes amid mixed economic signals for consumers. The unemployment rate remains at a record low, but increased tariffs on China have sparked fears of slowing the US economy and increasing prices for consumers.


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The three-day rolling average was volatile during the reading period, fluctuating from a low of 50.3 points on Monday, May 20 to its peak of 54.2 points on Thursday, May 23. The rolling average closed below peak at 53.6.


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The next release of the ESI will be on Tuesday, June 11, 2019.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. and San Francisco. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.ts powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Economic Sentiment Increases Slightly, Despite Declining Confidence In Personal Finances

Consumer confidence rose slightly over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI), increasing by 0.2 points. The ESI has mostly risen over the past two months, rising for three of the past four readings increasing 1.3 points to reach 53.8 – its highest level of 2019.


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Three out of the ESI’s five indicators increased during the reading. Consumer confidence in making a major purchase experienced the largest increase, rising 1.1 points to reach 56.1. This increase was trailed by a 0.5-point increase in economic sentiment toward the broader economy which rose to 50.2, as it continued its 2019 climb. Consumer confidence in the broader housing market jumped slightly to 51.3 while confidence in the labor market remained unchanged. Meanwhile, confidence in personal finances fell to a reading 63.9, a decline of 0.7 points.

The slow and steady increase to the ESI come amid mixed economic signals for consumers. The unemployment rate hit its lowest level in a half-century in the most recent report released on May 3. While the labor market has been an engine of growth, fears about a re-escalation in trade tensions with China have led to increased stock market volatility and fueled fears of rising prices for consumers.


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The three-day rolling average ended the reading period near its peak. The moving average began at 55.4 on May 1 before dropping to a low of 53.1 on May 4 and 5. The rolling average then increased over the past week, reaching a peak of 54.8 points on the penultimate day of the reading period, before closing slightly lower at 54.5.


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The next release of the ESI will be on Tuesday, May 28, 2019.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. and San Francisco. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.ts powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.

Economic Sentiment Reaches New 2019 Peak Led By Growing Confidence In Labor Market

Consumer confidence bounced back over the past two weeks, according to the HPS-CivicScience Economic Sentiment Index (ESI). Following a 0.5-point drop between the beginning of April and Tax Day, the ESI increased from 52.5 to 53.6 points over the past two weeks, surpassing its previous 2019 high of 53.0.


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Three out of the ESI’s five indicators increased during the reading. Consumer confidence in the labor market experienced the largest increase, rising 2.4 points to reach 47.5. With Tax Day now in the rearview, economic sentiment toward personal finances improved as well, moving up 1.7 points to hit 64.6. Confidence in the broader U.S. economy also ticked up, increasing from 48.3 to 49.7 points. Meanwhile, economic sentiment toward the housing market dropped by 0.4 points to 51.0, while confidence in making a major purchase remained at 55.0 points.

The increase in consumer confidence comes as the Commerce Department announced a preliminary first-quarter growth rate of 3.2 percent, following gains in jobs and wage growth during March.


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The three-day rolling average ended the reading period at its peak. The moving average began at 53.3 on April 17 before dropping to a low of 51.4 on April 24. The rolling average then steadily increased over the past week, reaching a high of 55.2 points to close out the reading on April 30.


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The next release of the ESI will be on Tuesday, May 14, 2019.

About the Index

The HPS-CivicScience Economic Sentiment Index (“ESI”) is a “living” index that measures U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases. The primary goal of the Index is to accurately measure movements in overall national economic sentiment, and to provide a more sophisticated alternative to existing economic sentiment indices. Unlike other prominent indices that release consumer sentiment estimates infrequently, the HPS-CivicScience Index is updated in real time as responses are collected continuously every hour, every day. Large-scale cross-tabulation of survey responses and consumer attributes enable more granular analyses than are currently possible through prevailing measures.

For a more detailed overview of the Index and the underlying methodology, please request a white paper.

About Hamilton Place Strategies (HPS)

Hamilton Place Strategies (HPS) is an analytical public affairs consulting firm with offices in Washington, D.C. and San Francisco. We integrate substantive analysis with communications and believe a deep understanding of business and economics leads to more effective public engagement and better outcomes for our clients.

For more information, visit Hamilton Place Strategies by clicking here and follow them on Twitter – @HPSInsight.

About CivicScience

CivicScience, Inc. provides the leading intelligent polling and real-time consumer insights platform, the InsightStore™. Its proprietary platform powers the world’s opinions and quickly gets that data to the decision makers who care. Every day, CivicScience polls ask millions of people questions related to thousands of topics, while its powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.ts powerful data science and big data technology analyzes current consumer opinions, discovers trends as they start, and accurately predicts future behaviors and market outcomes. CivicScience polls run on hundreds of premier websites, in addition to its own public polling site at www.civicscience.com. CivicScience’s InsightStore™ is used by leading enterprises in marketing research, advertising, media, financial services, and political polling. For more information, visit CivicScience by clicking here and follow them on Twitter – @CivicScience.