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. Click to view image. 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… Continue reading Economic sentiment increases for second reading in a row
Author: Nicolas Pena-Brown
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. Click to view image. Four of the… Continue reading Bad week to be a bird, good week for economic sentiment
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. Click to view image. 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… Continue reading Economic sentiment falls to its lowest point in over a year
Economic sentiment rebounds
Economic sentiment increased over the past two weeks, rebounding after falling to its lowest point since October 2022 last reading. The Penta-CivicScience Economic Sentiment Index (ESI) increased 1.0 points to 33.1. Click link to view image. Four of the ESI’s five indicators increased over the past two weeks. Confidence in making a major purchase increased… Continue reading Economic sentiment rebounds
Economic sentiment reaches lowest point since October 2022
Economic sentiment decreased over the past two weeks, reaching its lowest point since October 11, 2022. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.9 points to 32.1. Click to view image. Four of the ESI’s five indicators decreased over the past two weeks. Confidence in finding a new job and in making a major purchase… Continue reading Economic sentiment reaches lowest point since October 2022
After one rise, economic sentiment resumes downward trajectory
Economic sentiment decreased over the past two weeks, having now fallen for three of the past four readings. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.4 points to 33.0. Click to view image. Four of the ESI’s five indicators decreased over the past two weeks. Confidence in the overall U.S. economy decreased the most, falling… Continue reading After one rise, economic sentiment resumes downward trajectory
Economic sentiment rebounds after three consecutive drops
Economic sentiment increased over the past two weeks after reaching its lowest point since October 2022 last reading. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.9 points to 33.4. Click to view image. Three of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy increased the most, rising… Continue reading Economic sentiment rebounds after three consecutive drops
Economic sentiment drops to 2023 low
Economic sentiment decreased over the past two weeks, reaching its lowest point since October 2022. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.5 points to 32.6. Click to view image. All of the ESI’s five indicators decreased over the past two weeks. Confidence in personal finances decreased the most, falling 2.5 points to 51.2—its largest… Continue reading Economic sentiment drops to 2023 low
Is the summer of good feelings coming to an end?
Economic sentiment decreased over the past two weeks, possibly marking the end of a period of relatively high sentiment that began in mid-June. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.4 points to 34.0—the third-largest decline of the year. Click to view image. All of the ESI’s five indicators decreased over the past two weeks.… Continue reading Is the summer of good feelings coming to an end?
Economic sentiment falls as Fed hikes rates
Economic sentiment decreased over the past two weeks, a period marked by news of potential economic softening and a further Fed rate hike. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.6 points to 35.4. Click to view image. Three of the ESI’s five indicators decreased over the past two weeks. Confidence in buying a new… Continue reading Economic sentiment falls as Fed hikes rates