Economic sentiment decreased over the past two weeks, having now fallen for three of the past four readings. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.4 points to 33.0.
Four of the ESI’s five indicators decreased over the past two weeks. Confidence in the overall U.S. economy decreased the most, falling 1.4 points to 32.3.
—Confidence in making a major purchase fell 1.3 points to 21.6.
—Confidence in finding a new job fell 0.4 points to 38.8.
—Confidence in personal finances fell 0.2 points to 51.6.
—Confidence in buying a new home rose 1.5 points to 21.0 — rebounding after reaching its lowest point since November 2022 last reading.
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