Economic sentiment increased slightly over the last two weeks after falling for the first time in 2024 in the last report. The Penta-CivicScience Economic Sentiment Index (ESI) increased 0.3 points over the last two weeks to 37.1.
Two of the ESI’s five indicators increased over the past two weeks. Confidence in buying a new home rose the most, increasing 2.0 points to 23.0.
—Confidence in making a major purchase rose 1.6 points to 27.1. This indicator, which also increased last period, has firmly recovered from its low point in October 2023 and is again at its highest point in over a year.
—Confidence in personal finances fell 0.3 points to 56.4.
—Confidence in the overall U.S. economy fell 0.5 points to 39.6.
—Confidence in finding a new job fell 1.4 points to 39.1.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
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