Economic sentiment increased over the last two weeks, breaking the downward trend observed over the last three cycles. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.9 points to 33.5.
Four of the ESI’s five indicators increased over the past two weeks. Confidence in finding a new job increased the most, rising 2.9 points to 36.4.
—Confidence in the overall U.S. economy increased 1.0 points to 36.1.
—Confidence in personal finances increased 0.7 points to 54.5.
—Confidence in making a major purchase increased 0.1 points to 22.2.
—Confidence in buying a new home decreased 0.1 points to 18.4.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
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