The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 1.6 points to 38.3, a notable improvement in confidence over the past two weeks following the Federal Reserve’s decision to cut interest rates by 50 basis points at its September meeting. Click to view image. Four of the ESI’s five indicators increased… Continue reading Economic sentiment reaches highest point in over a year following the first interest rate cut since March 2020
Category: Information and Insights
Economic sentiment increases slightly ahead of the September Fed meeting
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 0.6 points to 36.7, a slight improvement in confidence over the past two weeks. Click here to view image. Four of the ESI’s five indicators increased during this period. Confidence in the overall U.S. economy saw the largest gain, rising 1.5 points… Continue reading Economic sentiment increases slightly ahead of the September Fed meeting
Economic sentiment declines alongside a decrease in overall economic confidence
The Penta-CivicScience Economic Sentiment Index (ESI) decreased by 1.1 points to 36.1, reflecting growing concerns amid recent economic developments. 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 2.9 points to 43.6. —Confidence in making a major purchase… Continue reading Economic sentiment declines alongside a decrease in overall economic confidence
Economic sentiment holds steady after last period’s large increase
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) remained flat at 37.2 following last period’s large increase. Click to view image. Three of the ESI’s five indicators increased over the past two weeks. Confidence in buying a new home increased the most, rising 1.6 points to 21.3. The July Jobs Report from… Continue reading Economic sentiment holds steady after last period’s large increase
A record-breaking two weeks for economic sentiment
Economic sentiment posted a huge increase over the last two weeks, rising to its highest point in over a year. The Penta-CivicScience Economic Sentiment Index (ESI) rose 2.7 points to 37.2. Notably, confidence in the overall U.S. economy skyrocketed 8.0 points to 46.7—the biggest single-reading jump of any indicator in the ESI’s 11-year history. Click… Continue reading A record-breaking two weeks for economic sentiment
Economic sentiment decreases for the first time since late May
Economic sentiment decreased over the past two weeks, breaking its string of increases observed over the past three periods. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.8 points to 34.5. Click to view image. Three of the ESI’s five indicators decreased over the past two weeks. Confidence in finding a new job and confidence in… Continue reading Economic sentiment decreases for the first time since late May
Economic sentiment continues upswing into July 4 holiday weekend
Economic sentiment increased again over the past two weeks, reaching its highest level since mid-March. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.6 points to 35.3. Click to view image. Two of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy increased the most, rising 2.5 points to… Continue reading Economic sentiment continues upswing into July 4 holiday weekend
Economic sentiment continues its June rally
Economic sentiment increased again over the past two weeks, continuing its rally from the beginning of the month. The Penta-CivicScience Economic Sentiment Index (ESI) rose 1.2 points to 34.7. Click to view image. All 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 continues its June rally
Economic sentiment sees largest increase since March
Economic sentiment increased over the last two weeks, breaking the downward trend observed over the last three cycles. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.9 points to 33.5. Click to view image. Four of the ESI’s five indicators increased over the past two weeks. Confidence in finding a new job increased the most, rising… Continue reading Economic sentiment sees largest increase since March
Economic sentiment falls for third consecutive reading
Economic sentiment decreased over the last two weeks, reaching its lowest point so far in 2024. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.4 points to 32.6. Click to view image. Three of the ESI’s five indicators decreased over the past two weeks. Confidence in finding a new job decreased the most, falling 2.3 points… Continue reading Economic sentiment falls for third consecutive reading