Economic sentiment increased over the past two weeks, rebounding after falling to its lowest point since October 2022 in the last reading. The Penta-CivicScience Economic Sentiment Index (ESI) increased 1.0 points to 33.1.
Four of the ESI’s five indicators increased over the past two weeks. Confidence in making a major purchase increased the most, rising 2.6 points to 21.9.
—Confidence in finding a new job rose 1.9 points to 38.8.
—Confidence in personal finances rose 1.4 points to 53.7.
—Confidence in the overall U.S. economy rose 0.3 points to 31.1.
—Confidence in buying a new home fell 0.9 points to 20.0.
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