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The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) fell by 1.0 point to 28.5, surpassing the prior record low from last period and marking the weakest level since the index began in 2013.

Three of the ESI’s five indicators decreased during this period. Confidence in the overall U.S. economy and confidence in making a major purchase both decreased by 2.7 points, down to 26.2 and 19.5, respectively.
—Confidence in personal finances decreased 1.1 points to 48.5.
—Confidence in finding a new job remained flat at 23.4.
—Confidence in buying a new home increased 1.4 points to 25.0.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.