Economic sentiment decreased over the last two weeks, continuing the ongoing downward trend observed since the start of the year. The Penta-CivicScience Economic Sentiment Index (ESI) decreased 1.4 points over the last two weeks, 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 3.9 points to 34.8. This marks this indicator’s largest single-period decrease in over a year.

—Confidence in personal finances decreased 1.8 points to 52.7.
—Confidence in finding a new job decreased 1.2 points to 35.8.
—Confidence in buying a new home decreased 0.5 points to 18.8.
—Confidence in making a major purchase increased 0.5 points to 23.2.

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

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