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The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) decreased by 0.6 points, from 32.0 to 31.4, marking a dip in overall economic confidence ahead of the new year.
Three of the ESI’s five indicators decreased during this period. Confidence in the overall U.S. economy decreased the most, falling 2.2 points to 31.7.
—Confidence in finding a new job decreased 1.3 points to 26.2.
—Confidence in making a major purchase decreased 1.0 point to 22.3.
—Confidence in buying a new home remained at 24.3.
—Confidence in personal finances increased 1.5 points to 52.4.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
