2008 record      

 

IBD/TIPP Poll: Economic Optimism Dips As Dow Jones Drops, Wage Growth Pops

The IBD/TIPP Economic Optimism Index dipped from lofty levels at the start of November thanks to a lousy October for the Dow Jones and S&P 500 index, despite more good news about jobs and wage growth. Yet support for federal economic policies ticked up to a new 13-year high ahead of Tuesday's election, lifted by the highest approval the IBD/TIPP Poll has seen among Republicans.

Read more ...

IBD/TIPP Poll Shows Economic Optimism Dips Slightly in November

LOS ANGELES -- November 5, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, declined 2.4 percent in October to an overall reading of 56.4. The decrease was largely attributed to a 6.6 percentage drop in the Personal Financial Outlook component of the index. The index continues its record run in positive territory, however. The Economic Optimism Index has now spent 26 consecutive months above 50. An index reading below 50 for the IBD/TIPP indexes indicates pessimism, while above 50 signals optimism.

Read more ...

One Month After Slide Across All Categories, October IBD/TIPP Poll Rises Again

The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, rose 3.8 percent in October with an overall reading of 57.8. The positive uptick is notable as it comes after last month’s index dropped across every component. The October index also marked 25 consecutive months that the Economic Optimism Index has spent in positive territory, An index reading below 50 indicates pessimism while above 50 signals optimism for the IBD/TIPP indexes.

Read more ...

Auto Sales Cool Off as Rising Vehicle Prices Soften Demand

RAMSEY, N.J., September 20, 2018 (Newswire.com) - Consumers tapped the brakes on new vehicle purchase intent this month, largely due to rising vehicle prices and the growing popularity of used autos. After accelerating to an all-time high last month, TechnoMetrica’s Auto Demand Index declined by 13 points, or 10 percent, in September, to a reading of 118. This marks the fifth straight month in which the measure has surpassed 100, indicating sustained high levels of vehicle purchase intent supported by a robust labor market and relatively low gas prices. As a result, although auto sales are likely to moderate in the months ahead, the industry should continue to see a solid sales pace, driven by the rising popularity of SUVs and pickups.

Read more ...

September IBD/TIPP Poll Shows Signs of a Shift in Sentiment Just One Month After Highest Readings of Trump Presidency

LOS ANGELES -- September 4, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, dropped across every component in September. Nevertheless, the overall reading remained in positive territory for a record 24th consecutive month. The September reading fell 4.0 percent, to 55.7 from 58.0. An index reading below 50 indicates pessimism while above 50 signals optimism for the IBD/TIPP indexes.

Read more ...

New Vehicle Demand Zooms to a Record High Amid a Booming Economy

RAMSEY, N.J., September 1, 2018 (Newswire.com) - Consumers’ demand for new vehicles accelerated to its highest level on record in August, largely fueled by a roaring economy and rising disposable income. TechnoMetrica’s Auto Demand Index soared 27 points (26 percent) this month to a reading of 131, its best performance since TechnoMetrica began monitoring vehicle purchase intent back in February 2007. August also marks the fifth straight month in which the Index has recorded a score of 100 or higher, as more Americans, encouraged by greater take-home pay and generous end-of-summer deals, consider speeding up their vehicle purchasing plans amid prospects of rising interest rates and potential auto tariffs. Thus, we anticipate that auto sales will remain strong in the months ahead.

Read more ...

The Trump economy is destroying the Obama coalition

While Democrats and their wingmen in the media are falling over themselves to make superstars out of shiny new socialists such as Alexandria Ocasio-Cortez and Rashida Tlaib, the unapologetic capitalist in the White House is achieving something much more monumental. He’s delivering a booming economy that is bringing increased prosperity, opportunity and freedom to every demographic group. That, in turn, is generating growing support for him and his policies, including, most significantly, from constituencies critical to the Democratic Party.

Read more ...

IBD/TIPP Poll: Americans Give Trump An 'A' For Economy

If President Trump's re-election prospects hinge on the success of his economic policies, his prospects for 2020 look pretty good right now, a new IBD/TIPP Poll suggests. Americans aren't just more optimistic, but groups not known to be Trump-friendly in their politics are among the most optimistic of all.

Read more ...

IBD/TIPP Economic Optimism Index Surges To 14-Year High

The IBD/TIPP Economic Optimism Index continued to surge in August, gaining 1.6 points to 58, the highest point since January 2004. Americans feel better about their own personal finances than in any other month, save one, in the nearly 18-year polling history.

Read more ...

Latest IBD/TIPP Poll Shows Economic Optimism Index Hits Highest Reading of Trump Presidency, Marking 23 Months in Positive Territory and Continuing Record Run

LOS ANGELES -- August 07, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, rose again overall in August, moving up 2.8 percent to 58.0 from 56.4 in July. This marks the index’s highest reading of the Trump presidency as well as a record twenty-third consecutive month in positive territory. An index reading below 50 indicates pessimism while above 50 signals optimism for the IBD/TIPP indexes.

Read more ...

The IBD/TIPP Economic Optimism Index Continues Record Positive Run with Reading of 53.9 in June

LOS ANGELES -- June 7, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, rose 0.6 percent to 53.9 in June, continuing its record run. The index has now spent 21 consecutive months in positive territory, remaining above 50 since October 2016. An index reading below 50 indicates pessimism while above 50 signals optimism for the IBD/TIPP indexes.

Read more ...

U.S. Auto Sales Remain Hot as Summer Season Gets Underway

RAMSEY, N.J., June 1, 2018 (Newswire.com) - Demand for new vehicles rose to its highest level of the year in May, fueled primarily by strong consumer confidence among Americans, generous discounts, and the ongoing shift in consumer preferences from sedans to larger utility vehicles. This month, TechnoMetrica’s Auto Demand Index gained four points, or four percent, to a reading of 104, marking the third straight monthly gain in the measure, and its best performance since December 2017. As a result, we anticipate that auto sales will remain sizzling as the summer season commences.

Read more ...