Economic sentiment decreased over the past two weeks, breaking its string of increases observed over the past three periods. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.8 points to 34.5.
Three of the ESI’s five indicators decreased over the past two weeks. Confidence in finding a new job and confidence in the overall U.S. economy decreased the most, both falling 2.6 points to 35.5 and 38.7, respectively.
—Confidence in making a major purchase decreased 1.1 points to 23.0.
—Confidence in buying a new home increased 0.8 points to 19.1.
—Confidence in personal finances increased 1.4 points to 56.1.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
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