Economic sentiment decreased over the past two weeks, reaching its lowest point since October 2022. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.5 points to 32.5.
All of the ESI’s five indicators decreased over the past two weeks. Confidence in personal finances decreased the most, falling 2.5 points to 51.2 — its largest single-reading decrease in more than a year.
—Confidence in the overall U.S. economy fell 2.2 points to 30.9 — its lowest level in more than a year.
—Confidence in buying a new home fell 1.6 points to 19.9.
—Confidence in making a major purchase fell 0.8 points to 21.2.
—Confidence in finding a new job fell 0.4 points to 39.5.
Want to stay one step ahead in today’s dynamic economy with real-time and custom consumer insights? Work with us.