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The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) rose by 1.4 points, from 30.6 to 32.0, ahead of the December meeting of the Federal Open Markets Committee (FOMC).
Four of the ESI’s five indicators increased during this period. Confidence in finding a new job increased the most, climbing 3.0 points to 27.5.
—Confidence in personal finances increased 1.8 points to 50.9.
—Confidence in making a major purchase increased 1.7 points to 23.3.
—Confidence in the overall U.S. economy increased 0.8 points to 33.9.
—Confidence in buying a new home decreased 0.6 points to 24.3.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
