Economic Sentiment Increases for Second Reading in a Row

Economic sentiment slightly increased over the past two weeks, the first increase in sentiment in back-to-back readings this year. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.2 points to 34.5.

Three of the ESI’s five indicators increased over the past two weeks. Confidence in buying a new home grew the most, rising 0.9 points to 23.6.

—Confidence in personal finances rose 0.6 points to 54.2.
—Confidence in finding a new job rose 0.6 points to 39.7.
—Confidence in the overall U.S. economy fell 0.9 points to 31.4.
—Confidence in making a major purchase fell 0.3 points to 23.5.

View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.

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