Economic Sentiment Reaches Lowest Point Since October 2022

Economic sentiment decreased over the past two weeks, reaching its lowest point since October 11, 2022. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.9 points to 32.1.

Four of the ESI’s five indicators decreased over the past two weeks. Confidence in finding a new job and in making a major purchase decreased the most, falling 1.9 points each, to 36.9 and 19.3 respectively.

—Confidence in the overall U.S. economy fell 1.5 points to 30.8.
—Confidence in buying a new home fell 0.1 points to 20.9.
—Confidence in personal finances rose 0.7 points to 52.3.

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

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