The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) decreased by 0.3 points to 40.8, marking a minor dip in overall economic confidence ahead of the new year.
Three of the ESI’s five indicators decreased during this period. Confidence in the overall U.S. economy decreased the most, falling 3.6 points to 46.5. This marks the third period in a row this indicator has fallen by more than 3 points.
—Confidence in making a major purchase decreased 0.7 points to 29.5.
—Confidence in personal finances decreased 0.2 points to 59.1.
—Confidence in buying a new home increased 0.1 points to 24.8.
—Confidence in finding a new job increased 2.7 points to 44.0.
View the full reading here. Learn more about the CivicScience Economic Sentiment Index here.
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