Economic sentiment increased over the past two weeks in the largest single-reading increase since July 2022. The Penta-CivicScience Economic Sentiment Index (ESI) rose 2.1 points to 36.2.
All of the ESI’s five indicators increased over the past two weeks. Confidence in making a major purchase improved the most, rising 3.2 points to 25.5 — its largest single-reading increase in more than a year.
—Confidence in finding a new job rose 3.1 points to 42.4.
—Confidence in the overall U.S. economy rose 2.7 points to 36.0.
—Confidence in personal finances rose 1.1 points to 53.7.
—Confidence in buying a new home rose 0.6 points to 23.6.
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