Economic Sentiment Dips Slightly at the Start of Q4

by | Oct 9, 2024

Wall street road sign in New York City

The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) decreased by 0.3 points to 38.0, marking a slight dip in overall economic confidence over the past two weeks.

Two of the ESI’s five indicators decreased during this period. Confidence in finding a new job fell the most, dropping 3.0 points to 35.5.

—Confidence in buying a new home decreased 0.3 points to 21.9.
—Confidence in personal finances remained flat at 57.8.
—Confidence in the overall U.S. economy increased 0.4 points to 49.1.
—Confidence in making a major purchase increased 1.5 points to 25.5.

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


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