Economic sentiment increased over the past two weeks, for just the second time this year. The Penta-CivicScience Economic Sentiment Index (ESI) rose 1.0 points to 34.3, after a brutal drop in sentiment between mid-February and the end of March.
Four of the ESI’s five indicators increased over the past two weeks. Following its largest single-reading decrease ever in the last reading, confidence in finding a new job recovered slightly, rising 2.2 points to 39.1.
—Confidence in personal finances rose 2.0 points to 53.6.
—Confidence in making a major purchase rose 0.6 points to 23.8.
—Confidence in buying a new home rose 0.4 points to 22.7.
—Confidence in the overall U.S. economy fell 0.2 points to 32.3.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
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