Economic sentiment declined over the last two weeks, falling to its lowest point in over a year. The Penta-CivicScience Economic Sentiment Index (ESI) decreased 1.1 points to 32.0.
Four of the ESI’s five indicators decreased over the past two weeks. Confidence in personal finances decreased the most, falling 1.9 points to 51.8.
—Confidence in making a new purchase fell 1.7 points to 20.2.
—Confidence in buying a new home fell 1.6 points to 18.4.
—Confidence in finding a new job fell 0.5 points to 38.3.
—Confidence in the overall U.S. economy rose 0.2 points to 31.3.
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