Economic Sentiment Picks Up After Three Consecutive Drops

The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 1.0 points from 33.4 to 34.4, recovering after three consecutive periods of declines.

Four of the ESI’s five indicators increased during this period. Confidence in making a major purchase increased the most, rising 2.1 points to 26.3.

—Confidence in finding a new job increased 1.9 points to 31.6.
—Confidence in buying a new home increased 1.1 points to 25.6.
—Confidence in the overall U.S. economy increased 0.5 points to 37.0.
—Confidence in personal finances decreased 0.8 points to 51.5.

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

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