Economic Sentiment Slightly Increases Following Last Period’s Large Decrease

Economic sentiment slightly increased over the last two weeks following last period’s large decrease. The Penta-CivicScience Economic Sentiment Index (ESI) rose 0.3 points over the last two weeks, to 34.4.

Three of the ESI’s five indicators increased over the past two weeks. Confidence in the overall U.S. economy increased the most, rising 2.4 points to 38.7.

—Confidence in finding a new job increased 1.1 points to 37.0.
—Confidence in personal finances increased 0.7 points to 54.5.
—Confidence in buying a new home decreased 2.1 points to 19.3.
—Confidence in making a major purchase decreased 0.5 points to 22.7.

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

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