Economic sentiment increased again over the past two weeks, continuing its rally from the beginning of the month. The Penta-CivicScience Economic Sentiment Index (ESI) rose 1.2 points to 34.7.
All of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy increased the most, rising 2.7 points to 38.8. This marks this indicator’s largest single-reading increase since January.
—Confidence in finding a new job increased 1.9 points to 38.3
—Confidence in buying a new home increased 1.0 points to 19.4.
—Confidence in making a major purchase increased 0.3 points to 22.5.
—Confidence in personal finances increased 0.2 points to 54.7.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
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