2016 Hispanic Index of Consumer Sentiment

OCTOBER 2016

• The Hispanic Consumer Sentiment Index (CSI) dropped 2 points from 102.6 in September to 100.8 in October.
• Overall, 66% of Hispanics say they are better off today financially compared to a year ago, up by 1 point from September (66% vs. 65%).
• Overall, 77 percent of Hispanics think that a year from now they will be better off financially, remaining at the same level as September.
• Overall, expectations of U.S. economic conditions over the next year and over the next five years among Hispanics remains the same as September.
• Overall, 62% of Hispanics have buying plans for big ticket items such as furniture, refrigerators, ovens or televisions, down by 6 point from September (62% vs. 68%).

SEPTEMBER 2016

• The Hispanic Consumer Sentiment Index (CSI) dropped 4 points from 106.2 in August to 102.6 in September. The Michigan index increased 1.4 points and the overall difference between the indexes is of 11.4 points.
• Perceptions of one’s personal financial situation compared to a year ago decreased from August. Overall, 65% of Hispanics say they are better off today financially compared to a year ago, down by 2 points from August (65% vs. 67%)
• Perceptions of one’s personal financial situation in a year from now decreased from August. Overall, 77 percent of Hispanics think that a year from now they will be better off financially, down by 5 points from August (77% vs. 82%)
• Reading on U.S. economic conditions in the near future increased compared to August. Overall, expectations of U.S. economic conditions over the next year among Hispanics increased by 2 points compared to July (64% vs. 62%)
• Reading on U.S. economic conditions in the next five years increased compared to August. Overall, expectations of U.S. economic conditions over the next five years among Hispanics decreased by 2 points compared to August (66% vs. 68%)
• Opinions as to whether now is a good time to buy a big-ticket items decreased compared to August. Overall, 68% of Hispanics have buying plans for big ticket items such as furniture, refrigerators, ovens or televisions, down by 4 point from August (68% vs. 74%)

AUGUST 2016

• The Hispanic Consumer Sentiment Index (CSI) gain 6 points from 100.8 in July to 106.2 which is the highest month on record. The Michigan index dropped 0.2 of a point and the overall difference between the indexes is of 16.4 points.
• Perceptions of one’s personal financial situation in a year from now increased from July. Overall, 82% of Hispanics say they will better off financially in a year from now, up by 5 points from July (82% vs. 76%)
• Reading on U.S. economic conditions in the next five years increased sharply compared to July. Overall, expectations of U.S. economic conditions over the next five years among Hispanics increased by 15 points compared to July (68% vs. 53%)
• Opinions as to whether now is a good time to buy a big-ticket items rose compared to July. Overall, Hispanics have more favorable buying plans for big ticket items such as furniture, refrigerators, ovens or televisions, up by 5 points from July (74% vs. 69%)
• The 2 components of the index that decline in August are current personal financial situation and short term expectations of the U.S. economy

JUNE 2016

• The Hispanic Consumer Sentiment Index (CSI) rose to its highest level since the inception of the index improving from a 93.5 in May to a 105.8 in June.
• The national Consumer Sentiment Index from University of Michigan lags the Hispanic Index by 12.3 points.
• The index of Current Economic Conditions (CEC) increased 14.4 points to a high of 113.2 after posting consistent scores around 99 since February.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by University of Michigan and in June experienced its largest margin of 18.7 points, 101.1 to 82.4.

MAY 2016

• The Hispanic Consumer Sentiment Index (CSI) saw a drop for its second consecutive month landing with a score of 93.5, down 0.5 points from Aprils’ 94 but up 3.7 points from where it was a year ago.
• Female sentiment dropped for the first time in three months with a 94 after posting a 103 in April and a 98 in March.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by University of Michigan by 5.1 points.

APRIL 2016

• The Hispanic Consumer Sentiment Index (CSI) saw its first drop after two consecutive months of growth with a 94.0 score, down 1.9 points from March’s 95.9 but up 2.4 points from where it was a year ago.
• The Current Economic Conditions (CEC) decreased by 2.2 points compared to March.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by UM by 13.7 points, 91.3 to 77.6.

MARCH 2016

• The Hispanic Consumer Sentiment Index (CSI) continued its monthly gain in by increasing 2.1 points from February’s score of 93.8 to 95.9.
• The Current Economic Conditions (CEC) increased by 2.2 compared to last month, ending at 100.4.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by University of Michigan by 14.7 points.

FEBRUARY 2016

• The Hispanic Consumer Sentiment Index (CSI) had its largest monthly gain in five months, increasing 3.3 points from January’s score of 90.5 to 93.8.
• The Current Economic Conditions (CEC) increased by 8.3 points from January and now stands at 98.2.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by University of Michigan by 8.3 points.

JANUARY 2016

• The Hispanic Consumer Sentiment Index (CSI) gave back its December’s gain by dropping 1.54 points from 92.01 in December to 90.47 in January and continues to lag behind the University of Michigan (UM) Consumer Index for the third straight month.
• The Current Economic Conditions (CEC) gave back its 4.54 point gain in December and now stands at 90.01.
• The Index of Consumer Expectations (ICE) continues to outpace the national average set by UM by 4.75 points, 87.45 to 82.7 but dropping from December by 1.65.