Economic Sentiment Increases Slightly Ahead of the September Fed Meeting

by | Sep 11, 2024

Wall street road sign in New York City

The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) increased by 0.6 points to 36.7, a slight improvement in confidence over the past two weeks.

Four of the ESI’s five indicators increased during this period. Confidence in the overall U.S. economy saw the largest gain, rising 1.5 points to 45.1. 

—Confidence in finding a new job decreased by 0.8 points to 35.5.
—Confidence in personal finances increased by 0.4 points to 56.2.
—Confidence in buying a new home increased by 0.8 points to 21.9.
—Confidence in making a major purchase increased by 1.1 points to 24.7.

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


Take Our Poll: How healthy or unhealthy do you think the overall US economy is right now?