The IBD/TIPP Economic Optimism Index in the US rose to 49.7 in May of 2020 from 47.8 in the previous month, remaining in negative territory for the second consecutive month as Americans continue to feel the economic fallout from the coronavirus outbreak, particularly in the form of rapid job losses. The economic outlook gauge increased by 11.3% to 42.3 after two consecutive months of double-digit declines; and the outlook index for personal finances went up by 5.4% to 52.9 after its 18% drop in April. Meanwhile, the federal policies subindex declined by 2.4% to 53.8 in May.
Economic Optimism Index in the United States averaged 49.94 from 2001 until 2020, reaching an all time high of 62.90 in March of 2002 and a record low of 35.80 in August of 2011. This page provides the latest reported value for - United States IBD/TIPP Economic Optimism Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States IBD/TIPP Economic Optimism Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Technometrica Market Intelligence/The Investor's Business Daily
Economic Optimism Index in the United States is expected to be 36.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in the United States to stand at 49.00 in 12 months time. In the long-term, the United States IBD/TIPP Economic Optimism Index is projected to trend around 49.00 in 2021 and 50.00 in 2022, according to our econometric models.