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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.
The IBD/TIPP Economic Optimism Index rose 3.3 points to an eight-month high of 53.6 in November, remaining in optimistic territory for a 14th straight month, but high-earning households stood out as the only group feeling particularly bullish.
LOS ANGELES (November 7, 2017) — The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, increased across all measures in November. The overall Economic Optimism reading reached 53.6, its highest mark since March 2017 when it had a reading of 55.3. The index also continues its longest stretch in positive territory in more than a decade.
The U.S. economy appears to be shifting into gear after a grindingly slow first eight years of the recovery, but Americans aren't feeling it at the moment.
The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, dropped across every category in October. The index overall fell by 5.8 percent to 50.3, its lowest point in the last 12 months. Despite the decline, the index remains in positive territory, continuing its longest stretch in more than a decade.
The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, showed positive momentum this month, climbing another 1.7 percent to 53.4 and above the 12-month average of 51. The index has now reached a year in positive territory, which is the longest stretch in more than a decade. It also remains the highest reading since March and has demonstrated positive momentum for the second straight month. The overall economic optimism is also now aligned with increases in the Presidential Leadership Index, which returned to its July level after experiencing a dramatic dip in August. While ratings remain low, Trump’s approval numbers climbed 12 percent to a reading of 40.2 (or 38 percent overall) from its lowest point last month. These readings come as IBD/TIPP celebrates completion of its 200th monthly poll in the the Economic Optimism Index series.
In just the past week or so, we've had a nuclear showdown with North Korea, a trade spat with China, an investigation of the president's campaign for possible collusion with the Russians, a riot in Charlottesville, Va., that revealed a widening political split among Americans, and growing left-wing rage directed at a sitting American president. So why isn't the economy falling apart?
The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, showed positive momentum this month, climbing 4.6 percent to 52.2 and above the 12-month average of 51. This marks the eleventh consecutive month in positive territory, which is the longest stretch in more than a decade. It is also the highest reading since March, ending a slight four-month slide. The overall economic optimism reading is notable because it stands in sharp contrast to President Trump’s approval ratings, which dropped across all measures of the separate Presidential Leadership Index.
The IBD/TIPP Economic Optimism Index slipped to a 10-month low of 50.2 in July, as spirits among low-income households sank to their worst levels since the fall of 2014.
The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, indicates that consumer confidence overall dropped 2.1 percent over the last month, yielding a reading of 50.2, down from the June reading at 51.3. This is below the 12-month average of 51. Nevertheless, buoyed by an increase in satisfaction with one’s personal financial outlook, this marks the tenth consecutive month the overall index reading is above 50, which indicates optimism.
The IBD/TIPP Economic Optimism Index held steady at 51.3 in June, just below its level before Donald Trump's surprise election fueled a short-lived surge in spirits that carried the index to a 12-year high of 56.4 in February.
The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, indicates that consumer confidence has remained steady, with the June reading at 51.3, the same as May’s index reading. This remains slightly above the 12-month average of 51. It also marks the ninth consecutive month above 50, which indicates optimism.
We've been cataloging the sharp upturn in optimism since Donald Trump won the November election, and the Business Roundtable has just added a new one to the pile. Not that you'd know about from the endless media dirge.
The IBD/TIPP Economic Optimism Index gained 4.6 points, or 9.9%, in October, posting a reading of 51.3 vs. 46.7 in September. The index is 3.8 points above its 12-month average of 47.5, 6.9 points above its reading of 44.4 in December 2007 when the economy entered the last recession, and 2.3 points above its all-time average of 49.0.
The IBD/TIPP Economic Optimism Index dropped 1.7 points, or 3.5%, in September, posting a reading of 46.7 vs. 48.4 in August. The index is 0.4 points below its 12-month average of 47.1, 2.3 points above its reading of 44.4 in December 2007 when the economy entered the last recession, and 2.1 points below its all-time average of 48.8.
After another mediocre jobs report showing gains barely keeping up with natural labor force growth, Barack Obama rushed to the TV cameras and spiked the football in the end zone. But if there had been referees, he would have been penalized for excessive celebration.
Despite stocks’ rocky start to the year and difficult days for U.S. manufacturing, Americans’ optimism about the economy grew, according to the latest IBD/TIPP Economic Optimism Index.
The IBD/TIPP Economic Optimism Index edged up 0.5 points, or 1.1%, in February, posting a reading of 47.8 vs. 47.3 in January. The index is 0.3 points above its 12-month average of 47.5, 3.4 points above its reading of 44.4 in December 2007 when the economy entered the last recession, and 1.3 points below its all-time average of 49.1.
Americans are still modestly pessimistic about the economy, according to the latest IBD/TIPP Economic Optimism Index, with investor confidence sinking after the Dow industrials and S&P 500 suffered their worst-ever starts to a new year.
The Economic Optimism Index edged up 0.1 point in January to 47.3. Readings above 50 signal optimism. But aside from two months in early 2015, the index has been below 50 since October 2012.
The economy rose at a 2% annual rate in the third quarter, revised down from 2.1% and Q2’s 3.9%, the Commerce Department said Tuesday. The U.S. is on pace for a 10th straight year of failing to achieve 3% annual growth. That helps explain why it took nearly a decade for the Federal Reserve to raise interest rates, and why Donald Trump has had so much support in his presidential run.
