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The IBD/TIPP Economic Optimism Index slipped 1.2 points, or 2.5% in August, posting a reading of 46.9 vs. 48.1 in July. The index is 1.2 points below its 12-month average of 48.1, 2.5 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 2.3 points below its all-time average of 49.2.
Americans remained gloomy about the economy for a third straight month, while the six-month outlook gauge fell to a 10-month low, according to the latest IBD/TIPP Poll.
The IBD/TIPP Economic Optimism Index maintained its June reading of 48.1 in the July survey. The index is 0.2 points above its 12-month average of 47.9, 3.7 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 1.1 points below its all-time average of 49.2.
A sputtering economy, rising gas prices and other factors fueled the biggest rise in financial stress since the peak of the credit crisis in October 2008, according to the latest IBD/TIPP Poll.
The IBD/TIPP Economic Optimism Index slipped 1.6 points, or 3.2% in June, posting a reading of 48.1 vs. 49.7 in May. The index is 0.4 points above its 12-month average of 47.7, 3.7 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 1.1 points below its all-time average of 49.2.
The uneven U.S. recovery isn't lifting all boats. For those with college degrees, jobs are plentiful, while for those with high school education or less, they're nearly nonexistent. This is America's real inequality problem.
The IBD/TIPP Economic Optimism Index slipped 1.6 points, or 3.1% in May, posting a reading of 49.7 vs. 51.3 in April. The index is 2.0 points above its 12-month average of 47.7, 5.3 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 0.5 points above its all-time average of 49.2.
The IBD/TIPP Economic Optimism Index gained 2.2 points, or 4.5% in April, posting a reading of 51.3 vs. 49.1 in March. The index is 3.9 points above its 12-month average of 47.4, 6.9 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 2.1 points above its all-time average of 49.2.
In what could be a significant opening for the Republican Party, working-class Americans have largely abandoned President Obama and rejected his economic policies as they continue to suffer from the historically weak economic recovery, a new analysis of IBD/TIPP Poll data finds.
The IBD/TIPP Economic Optimism Index rose to start March, as Americans in most of the country were much more upbeat about their own financial outlooks. But out West, pessimism has intensified as California gas prices rise at the fastest pace in at least 15 years.
The IBD/TIPP Economic Optimism Index gained 1.6 points, or 3.4% in March, posting a reading of 49.1 vs. 47.5 in February. The index is 2.0 points above its 12-month average of 47.1, 4.7 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 0.1 points below its all-time average of 49.2.
The US economy grew in the final quarter of last year at a 2.2 percent rate, according to revised estimates that make 2014 the strongest year for economic growth since an initial postrecession rebound in 2010.
Just weeks after President Obama proclaimed that America had turned the corner and his "middle class economics" was working, the public is more pessimistic than they've been in months, and few think Obama's policies have significantly helped the middle class, the latest IBD/TIPP poll finds.
The IBD/TIPP Economic Optimism Index declined 4.0 points, or 7.8% in February, posting a reading of 47.5 vs. 51.5 in January. The index is 0.8 points above its 12-month average of 46.7, 3.1 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 1.7 points below its all-time average of 49.2.
The IBD/TIPP Economic Optimism Index dropped by 0.3 points, or 0.7% in February, posting a reading of 44.9 vs. 45.2 in January. The index is 0.4 points above its 12-month average of 44.5, 0.5 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 4.5 points below its all-time average of 49.4.
The IBD/TIPP Economic Optimism Index shot up in January to its first positive reading since October 2012 as cheaper gasoline and stronger job growth give consumers the ability and desire to step up spending.
The IBD/TIPP Economic Optimism Index gained 3.1 points, or 6.4% in January, posting a reading of 51.5 vs. 48.4 in December. The index is 5.0 points above its 12-month average of 46.5, 7.1 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 2.3 points above its all-time average of 49.2.
In recent days, President Obama has shifted his tone on the US economy, emphasizing more strongly the progress that’s been made since he took office.
The recession technically ended 5-1/2 years ago, but the public is only now — in the wake of falling gasoline prices and the GOP election victory last November — starting to believe it, the latest IBD/TIPP Poll shows.
For the first time since the Great Recession, polls are finding a majority of Americans with positive feelings about the economy.
