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The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 1.2 points to 31.9 ahead of the June FOMC meeting, following a better-than-expected jobs report and news of a deal between the U.S. and Iran to extend the ceasefire in the Middle East.

Four of the ESI’s five indicators increased during this period. Confidence in the overall U.S. economy increased the most, rising 4.3 points to 35.2.

—Confidence in finding a new job increased 1.1 points to 27.4.
—Confidence in making a major purchase increased 1.1 points to 21.4.
—Confidence in buying a new home increased 0.3 points to 24.6.
—Confidence in personal finances decreased 0.8 points to 51.0.

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

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