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The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) decreased 1.3 points to 31.0, reversing some of the gains from the previous period after the U.S. national debt was announced to have exceeded $40 trillion.
Four of the ESI’s five indicators decreased during this period. Confidence in the overall U.S. economy decreased the most, falling 3.0 points to 28.4.
—Confidence in buying a new home decreased 1.9 points to 24.4.
—Confidence in finding a new job decreased 1.2 points to 27.8.
—Confidence in personal finances decreased 0.8 points to 50.2.
—Confidence in making a major purchase increased 0.4 points to 24.2.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
