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The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) rose by 0.6 points to 31.6, reversing the downward trend of the previous two periods and bolstered by a one-year high in confidence in buying a new home.
Three of the ESI’s five indicators increased during this period. Confidence in buying a new home increased the most, rising 2.8 points to 27.8.
—Confidence in finding a new job increased 0.8 points to 25.0.
—Confidence in personal finances increased 0.2 points to 53.0.
—Confidence in making a major purchase decreased 0.2 points to 23.0.
—Confidence in the overall U.S. economy decreased 0.5 points to 29.3.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
