Economic Sentiment Declines Alongside a Decrease in Overall Economic Confidence

by | Aug 28, 2024

Wall street road sign in New York City

The Penta-CivicScience Economic Sentiment Index (ESI) decreased by 1.1 points to 36.1, reflecting growing concerns amid recent economic developments.

Four of the ESI’s five indicators decreased over the past two weeks. Confidence in the overall U.S. economy decreased the most, falling 2.9 points to 43.6.

—Confidence in making a major purchase decreased 1.7 points to 23.6.
—Confidence in personal finances decreased 1.1 points to 55.8.
—Confidence in buying a new home decreased 0.2 points to 21.1.
—Confidence in finding a new job increased 0.5 points to 36.3.

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


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