Economic Sentiment Marginally Increases for the First Time Since January

The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 0.1 points to 31.6, marking a respite from three months of consecutive declines in overall economic confidence.

Three of the ESI’s five indicators increased during this period. Confidence in personal finances increased the most, rising 1.7 points to 49.0.

—Confidence in buying a new home increased 1.0 point to 22.8.
—Confidence in the overall U.S. economy increased 0.2 points to 34.7.
—Confidence in finding a new job decreased 0.8 points to 29.4.
—Confidence in making a major purchase decreased 1.4 points to 22.2.

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

Take Our Poll: How concerned are you, if at all, about the possibility of a recession in the US?

In this period of uncertainty, CivicScience’s real-time data maps both retreat and resilience, allowing top brands to know exactly where to target to maintain their competitive advantage.