Economic sentiment increased again over the past two weeks, reaching its highest level since mid-March. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.6 points to 35.3.
Two of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy increased the most, rising 2.5 points to 41.3.
—Confidence in making a major purchase increased 1.6 points to 24.1.
—Confidence in personal finances remained unchanged at 54.7.
—Confidence in finding a new job decreased 0.2 points to 38.1.
—Confidence in buying a new home decreased 1.1 points to 18.3.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
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