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Economic sentiment is being pulled in both directions

Data: Hamilton Place Strategies and CivicScience; Chart: Axios Visuals

The latest reading of a daily economic sentiment indicator from data firm CivicScience and consulting firm Hamilton Place Strategies finds Americans' overall confidence has reached a crossroads and is holding steady.

What it means: The index is made up of confidence readings in different sectors and responses have sharply diverged in recent weeks.


The big picture: Confidence in the housing market increased for a second straight week, as did confidence in making a major purchase and buying a new home.

  • Confidence in the overall economy led the falling readings, reversing a previous eight-week rebound, along with declining confidence in personal finances and confidence in the job market, which fell to its lowest level since the inception of the ESI.

Go deeper: Americans don't realize that coronavirus recovery may take months

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