CivicScience has the world’s largest proprietary database of real-time declared intent, allowing brands to activate high-performing advertising that drives up to 80% better ad performance. See how our partners achieve superior marketing outcomes here.
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) decreased 2.1 points to 28.0, its lowest level since the index began in 2013, as the Federal Reserve raised interest rates, mortgage rates climbed, and oil prices remained elevated.
All five ESI indicators decreased during this period. Confidence in buying a new home decreased the most, falling 4.0 points to 20.3.
—Confidence in making a major purchase decreased 3.3 points to 19.2.
—Confidence in finding a new job decreased 1.7 points to 25.0.
—Confidence in personal finances decreased 1.0 point to 49.1.
—Confidence in the overall U.S. economy decreased 0.7 points to 26.2.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
