Economic Sentiment Holds Steady Over the Past Two Weeks

Economic sentiment increased slightly over the past two weeks, hanging on to a period of relative elevation that began in mid-June. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.1 points to 36.0.

Three of the ESI’s five indicators increased over the past two weeks. After experiencing its second-biggest drop of 2023 last reading, confidence in finding a new job improved the most this reading, rising 1.9 points to 42.4.

—Confidence in making a major purchase rose 0.4 points to 23.8.
—Confidence in buying a new home rose 0.1 points to 23.9.
—Confidence in the overall U.S. economy fell 0.8 points to 35.8.
—Confidence in personal finances fell 1.1 points to 54.0.

View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.

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