Consumer Confidence Improves In January

The IBD/TIPP Economic Optimism Index improved by 2.1 points, or 4.9% in January, posting a reading of 45.2 vs. 43.1 in December. The index is 0.5 points above its 12-month average of 44.7, 0.8 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 4.2 points below its all-time average of 49.4.

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Confidence Improves Slightly In November

The IBD/TIPP Economic Optimism Index improved by 3.0  points, or 7.8%, in November, posting 41.4 vs. 38.4 in October. The index is 3.6 points below its 12-month average of 45.0, 3.0 points below its reading of 44.4 in December 2007 when the economy entered the recession, and 8.1 points below its all-time average of 49.5.

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