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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.

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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.

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IBD/TIPP Poll: Investors Are Optimistic; Everyone Else? Not So Much

The IBD/TIPP Economic Optimism Index rose further into moderately optimistic territory in May, gaining one point to 53.6. But the positive vibes came mostly from self-described investors. The rest of the country was slightly pessimistic, with the index registering at 49.9, just below the neutral 50 level.

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The IBD/TIPP Economic Optimism Index Sets New Record for Consecutive Months in Positive Territory

LOS ANGELES -- May 8, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, rose 1.9 percent in May to a reading of 53.6, marking a record run of 20 consecutive months in positive territory. The index has remained above 50 since October 2016. An index reading below 50 indicates pessimism while a reading above 50 signals optimism for the IBD/TIPP indexes.

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Auto Sales Outlook Brightens

RAMSEY, N.J., April 30, 2018 (Newswire.com) - Americans’ demand for new vehicles accelerated in April, largely driven by a strengthening labor market, a growing preference for SUVs and higher incomes from tax cuts. TechnoMetrica’s Auto Demand Index climbed seven points, or 7.5 percent, this month to a score of 100, yielding the second straight monthly gain in the reading. April marks the second month this year in which the Index has hit 100, an indicator of strong vehicle purchase intent among consumers. Thus, we anticipate that auto sales, after springing to life in March, will continue to blossom as the new season gets underway.

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The IBD/TIPP Economic Optimism Index Drops for Second Straight Month but Remains in Positive Territory

LOS ANGELES, April 3, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, has entered its 19th consecutive month in positive territory. This is the longest stretch in more than a decade. It is also the second month in which the index has fallen, decreasing 5.4 percent from 55.6 to 52.6. An index reading below 50 indicates pessimism while a reading above 50 signals optimism for the IBD/TIPP indexes.

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U.S. Auto Sales Stabilize as Tax Cuts Boost Disposable Incomes

RAMSEY, N.J., April 2, 2018 (Newswire) - Consumer demand for new vehicles improved slightly in March, as tax cuts boost disposable incomes, and the popularity of SUVs continues to grow. The Auto Demand Index rose five points, or 5.7 percent, this month to a score of 93, the first monthly gain of the year. However, March marks the second straight month in which the Index has registered a reading below 100, indicating moderate to low levels of purchase intent among consumers. As a result, TechnoMetrica expects that auto sales, after starting the year on a downward trend, will grow slightly in the near term.

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Following February’s 13-Year High, the IBD/TIPP Economic Optimism Index Drops Slightly but Continues Positive Run

LOS ANGELES, March 6, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, has entered its 18th consecutive month in positive territory. This is the longest stretch in more than a decade. However, after hitting a 13-year high in February, the overall Economic Optimism reading dipped by 1.9 percent in March, from 56.7 to 55.6. It remains well within positive territory, as an index reading below 50 indicates pessimism while a reading above 50 signals optimism for the IBD/TIPP indexes.

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Trump Approval Edges Up As Financial Stress Hits New Low: IBD/TIPP Poll

President Trump's approval rating gained two points in March, bringing his approval rating to 37%, the highest approval rating for Trump since last September. The March poll also found that the level of financial stress in the country has reached a new low.

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Auto Sales Decelerate as Industry Encounters the Side Effects of Success

RAMSEY, N.J., February 28, 2018 (Newswire.com) - Americans’ intent to purchase a new vehicle decelerated sharply this month, further indication that pent-up demand has largely been satisfied. The Auto Demand Index fell by 12 points, or 12%, in February to a reading of 88, the lowest since July 2017. This month marks the second straight double-digit decline in the Index, as consumers take advantage of the plethora of off-lease vehicles entering the market. Thus, TechnoMetrica anticipates that auto sales, which registered their largest decline in five months in January, will continue to plateau in the months ahead. 

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IBD/TIPP Economic Optimism Index Hits 13-Year High

LOS ANGELES (February 6, 2018) — The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, increased in February to its highest level in more than 13 years. The overall Economic Optimism reading rose from 55.1 to 56.7, up 2.9 percent. This marks 17 consecutive months in which the index has remained in positive territory, continuing its streak as the longest stretch in more than a decade.

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U.S. Auto Sales Moderate as Replacement Demand Peaks

Consumer demand for new vehicles slowed down in January, largely due to seasonal factors, such as severe winter weather, and the satiation of pent-up demand, which have driven auto sales since the end of the recession. The Auto Demand Index declined by 13 points, or 11.5%, this month to a reading of 100, marking the first drop in the measure since September 2017. As a result, we anticipate that new vehicle sales, after a strong finish to a more restrained 2017, may have moderated somewhat at the start of the new year.

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The Trump Economy, One Year In: A Success By All Measures

No question about it — one year into President Trump's first term, the economy is on a roll, creating wealth, income and jobs for Americans, and building opportunities for the young. It's a triumph of economic realism over foolish skepticism.

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Economic Optimism Index Gains Momentum Heading into 2018: IBD/TIPP Poll

LOS ANGELES (January 12, 2018) — The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, increased in January. The overall Economic Optimism reading rose from 51.9 to 55.1, up 6.2 percent. This marks 16 consecutive months in which the index has remained in positive territory, continuing its streak as the longest stretch in more than a decade.

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Economic Optimism Index Falls across Every Category in December: IBD/TIPP Poll

LOS ANGELES (December 6, 2017) — The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, decreased across all measures in December. The overall Economic Optimism reading dropped to 51.9, a decline of 3.2 percent. Nevertheless, the index maintains its longest stretch in positive territory in more than a decade.

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