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The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) rose 1.5 points to 33.4 as inflation eased but slower job growth and renewed geopolitical tensions complicated the economic outlook.
Four of the ESI’s five indicators increased during this period. Confidence in the overall U.S. economy increased the most, rising 2.2 points to 36.2.
—Confidence in personal finances increased 2.1 points to 53.7.
—Confidence in buying a new home increased 2.1 points to 26.8.
—Confidence in making a major purchase increased 1.5 points to 23.7.
—Confidence in finding a new job decreased 0.7 points to 26.5.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
