Economic sentiment decreased over the last two weeks, reaching its lowest point so far in 2024. The Penta-CivicScience Economic Sentiment Index (ESI) fell 0.4 points to 32.6.
Three of the ESI’s five indicators decreased over the past two weeks. Confidence in finding a new job decreased the most, falling 2.3 points to 33.5—the indicator’s lowest point in over a year.
—Confidence in making a major purchase decreased 1.1 points to 22.1.
—Confidence in buying a new home decreased 0.3 points to 18.5.
—Confidence in the overall U.S. economy increased 0.3 points to 35.1.
—Confidence in personal finances increased 1.1 points to 53.8.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
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