The Citizens Business Conditions Index rose to 52.2 in Q2/24, pushing into expansionary territory after taking a step back at the beginning of the year. Citizens’ data showed strong company revenue trends during the period after soft performance across most industries in Q1/24. read more
AUG 1, 2024 - 6:28 am
The Citizens Business Conditions Index fell to 48.2 in Q1/24 as business activity normalized from elevated levels in recent quarters. The reading below 50 indicates that economic momentum slowed during the first quarter against a backdrop of moderately restrictive monetary policy. read more
MAY 2, 2024 - 6:53 am
Citizens Business Conditions Index rose to 51.8 in Q4/23, supported by continued resilience in the labor market and consumer trends. The second consecutive quarterly reading above 50 indicates that the U.S. economy exited 2023 with momentum. read more
JAN 31, 2024 - 6:41 am
A strong labor market and resilient consumer trends supported a slight improvement in economic conditions in the U.S. during the third quarter as inflation showed some signs of abating, according to the Citizens Business Conditions Index. read more
OCT 31, 2023 - 7:24 am
Citizens announced its national Citizens Business Conditions Index (CBCI) rose to 53.9 in Q1/23, reflecting continued strength in the labor market, more new business openings and positive corporate revenue trends. read more
APR 27, 2023 - 6:57 am
Citizens announced its Citizens Business Conditions Index (CBCI) dropped to 48.5 in Q4/22, ending a streak of eight consecutive quarters in growth mode above 50 and reflecting cooling sentiment as rate hikes from the Federal Reserve have their intended effect. read more
JAN 25, 2023 - 7:20 am
Citizens' Business Conditions Index rose to 56.1 in Q3/22, regaining momentum after a drop in Q2 economic sentiment prompted by inflation concerns. Q3’s score extends the index’s streak to eight straight quarters above 50, indicating continued growth conditions for businesses. read more
OCT 26, 2022 - 7:10 am
Citizens reported that its Citizens Business Conditions Index (CBCI) dropped to a mark of 54.4 for Q4/21, down from 57.8 at the end of September but still in expansionary territory. read more
JAN 28, 2022 - 6:41 am