Economic Sentiment Holds Steady After Last Period’s Large Increase

by | Aug 14, 2024

Wall street road sign in New York City

The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) remained flat at 37.2 following last period’s large increase.

Three of the ESI’s five indicators increased over the past two weeks. Confidence in buying a new home increased the most, rising 1.6 points to 21.3. 

—Confidence in making a major purchase increased 1.3 points to 25.3.
—Confidence in personal finances increased 0.9 points to 56.9.
—Confidence in the overall U.S. economy decreased 0.2 points to 46.5.
—Confidence in finding a new job decreased 4.0 points to 35.8.

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


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