U.S. Economic Sentiment Reaches Two-Year High as Consumer Confidence Improves

Economic sentiment in the United States has improved in the past two weeks, reaching its highest level since mid-March. The Penta-CivicScience Economic Sentiment Index (ESI) saw a rise of 0.6 points to 35.3.

Two out of the ESI’s five indicators increased over the same period. Confidence in the overall U.S. economy showed the greatest improvement, rising by 2.5 points to 41.3. Additionally, confidence in making a major purchase also increased by 1.6 points to 24.1. However, personal finances remained unchanged at 54.7 and confidence in finding a new job decreased by 0.2 points to 38.1 while confidence in buying a new home decreased by 1.1 points to 18.3 respectively

If you want to track trends in real-time, uncover hidden consumer insights and drive winning market strategies, CivicScience offers tools that can help you do just that on their website . Take a poll now and share your thoughts about the US economy right now!