Economic Sentiment Posts Its Largest Increase in Weeks

Economic sentiment in the U.S. increased over the last two weeks, rising for the first time since mid-February and registering its largest increase since mid-January. The Penta-CivicScience Economic Sentiment Index (ESI) increased 1.4 points over the last two weeks to 35.9.

Four of the ESI’s five indicators increased over the past two weeks. Confidence in personal finances increased 2.8 points, rising to 56.0.

—Confidence in the overall U.S. economy increased 2.4 points to 39.0.
—Confidence in finding a new job increased 2.2 points to 38.6.
—Confidence in making a major purchase increased 0.7 points to 24.8.
—Confidence in buying a new home decreased 1.5 points to 21.0.

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

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