2015 Hispanic Index of Consumer Sentiment

DECEMBER 2015

• The Hispanic Consumer Sentiment Index (CSI) gained 1.92 points from 90.09 in November to 92.01 in December but continues to lag behind the University of Michigan (UM) Consumer Index for the second straight month.
• The Current Economic Conditions (CEC) bounced back from a 4.54 point drop in November (90.21) to a 6.3 point gain in December with a 96.55. This is the largest gain in six months for the CEC which gained 10.5 points between May and June.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by UM by extending from a 3.8 point margin in November to a 6.4 point margin in December.

NOVEMBER 2015

• The Hispanic Consumer Sentiment Index (CSI) fell behind the University of Michigan Consumer Index for the first time since August dropping 2.58 points from 92.67 in October to 90.09 in November.
• The Current Economic Conditions (CEC) dropped 4.54 points in November to a 90.21 which is the largest drop in four months when the CEC dropped 4.7 points between July and August.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by Michigan.

OCTOBER 2015

• The Hispanic Consumer Sentiment Index (CSI) stayed ahead of the University of Michigan Consumer Index by 2.67 points with a score of 92.67 to 90.0.
• The Current Economic Conditions (CEC) held consistent for the third straight month posting a 94.75.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by Michigan but tightened to 9.2 points after having its largest margin since the index began in August of 2014 at 19.5 points (97.78 to 78.20) in September.

SEPTEMBER 2015

• The Hispanic Consumer Sentiment Index jumped ahead of the National Consumer Sentiment Index by 9.5 points
• There continues to be a significant difference between age groups regarding the Hispanic Consumer Sentiment Index, with those 18-34 having the highest score.
• Males and females scored about the same and those earning over $75,000 scored higher than the other income levels

AUGUST 2015

• The Hispanic Consumer Sentiment Index fell more than five points from July to 88.5 in August.
• The Current Economic Conditions dropped nearly five points for the second straight month to 93.39 after reaching an all-time high of 103.49 in June.
• The Index of Consumer Expectations dipped to 85.37 in August from 91.03 the previous month.
• Throughout all indexes, it appears the August stock market may have had a significant impact, particularly among the oldest demographic, who are 55 and over

JULY 2015

• Hispanics have grown steadily more confident in their personal finances over the past year.
• The Consumer Sentiment Index (CSI) dropped slightly in July from the previous month, but at 93.8 posted a significant increase from where it stood in August 2014, when the CSI was just 68.3.
• All five components that make up the index have increased consistently compared to August 2014.

JUNE 2015

• The Consumer Sentiment Index among Hispanics bounced back from its lowest level of 2015 at 89.77 the previous month to 98.44 in June.
• The Current Economic Conditions jumped nearly 11 points from May to an all-time high of 103.49.
• The Index of Consumer Expectations recovered from a new low for the year in May of 87.74 to reach 95.19.

MAY 2015

• Consumer sentiment among Hispanics fell by two points in May to 89.77, the lowest since January
• Hispanic consumers are more optimistic about current economic conditions but have concerns about the future
• Among those who are increasingly pessimistic about the future economy are individuals 55+ and college graduates

APRIL 2015

• The Consumer Sentiment Index dropped to its lowest level of 2015 at 91.59 which is down 8 points from March and up 5 points since December.
• Education and income continue to be a significant factor in the level of optimism of the Hispanic population.

MARCH 2015

• Consumer Sentiment Index remains steady at 99.53 up a point and a half from February.
• Education continues to influence people's current financial conditions
• Males are more optimistic than women
• Younger Hispanics are more optimistic than any other age demographic

FEBRUARY 2015

• Consumer optimism among Hispanics continue to stay strong in the month of February.

JANUARY 2015

• Consumer optimism among Hispanics rose to a new high in the month of January
• When asked about their perceptions of personal finances a year from now, 80 percent of Hispanics surveyed expect their financial situation to be better in 2016.