Economic sentiment decreased over the past two weeks, possibly marking the end of a period of relatively high sentiment that began in mid-June. The Penta-CivicScience Economic Sentiment Index (ESI) fell 1.4 points to 34.0 —the third-largest decline of the year.

All of the ESI’s five indicators decreased over the past two weeks. Confidence in making a major purchase decreased the most, falling 2.7 points to 21.7 — its largest single-reading decrease in more than a year.

—Confidence in the overall U.S. economy fell 2.3 points to 33.1.
—Confidence in finding a new job fell 1.0 points to 39.9.
—Confidence in personal finances fell 0.4 points to 53.7.

—Confidence in buying a new home fell 0.2 points to 21.5.

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

Want to stay one step ahead in today’s dynamic economy with real-time and custom consumer insights? Work with us.