The IBD/TIPP Economic Optimism Index in the US declined for a second month to 40.4 in November of 2022 from 41.6 in October, the lowest reading in three months and below forecasts of 41.5. The index has been in pessimistic territory (below 50), for 15 straight months, as the Fed aggressively hiked interest rates to rein in inflation. The six-month outlook for the economy fell 1.1 points to a gloomy 34.3; the gauge of support for federal economic policies fell 2.6 points to 38.6; while the personal finances subindex edged up two-tenths of a point to 48.4. Meanwhile, the share of Americans who think the economy is in a recession eased to 58% from 61% in October. 32% of adults are concerned about job loss in their household, down from 38% in October. source: Technometrica Market Intelligence/The Investor's Business Daily

Economic Optimism Index in the United States averaged 49.63 points from 2001 until 2022, reaching an all time high of 62.90 points in March of 2002 and a record low of 35.80 points 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 December of 2022.

Economic Optimism Index in the United States is expected to be 41.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States IBD/TIPP Economic Optimism Index is projected to trend around 51.00 in 2023 and 50.00 in 2024, according to our econometric models.

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United States IBD/TIPP Economic Optimism Index



Calendar GMT Actual Previous Consensus TEForecast
2022-10-11 02:00 PM Oct 41.6 44.7 43
2022-11-08 03:00 PM Nov 40.4 41.6 41.5 42
2022-12-13 03:00 PM Dec 40.4 41


Related Last Previous Unit Reference
Economic Optimism Index 40.40 41.60 points Nov 2022

United States IBD/TIPP Economic Optimism Index
IBD/TIPP Economic Optimism Index measures Americans' opinions and outlooks on the economy. The index is based on a nationwide survey of 900 adults and evaluates six-month economic outlook, personal financial outlook, confidence in federal economic policies. Reading above 50 indicates optimism, and below 50 indicates pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
40.40 41.60 62.90 35.80 2001 - 2022 points Monthly

News Stream
Americans are More Pessimistic
The IBD/TIPP Economic Optimism Index in the US declined for a second month to 40.4 in November of 2022 from 41.6 in October, the lowest reading in three months and below forecasts of 41.5. The index has been in pessimistic territory (below 50), for 15 straight months, as the Fed aggressively hiked interest rates to rein in inflation. The six-month outlook for the economy fell 1.1 points to a gloomy 34.3; the gauge of support for federal economic policies fell 2.6 points to 38.6; while the personal finances subindex edged up two-tenths of a point to 48.4. Meanwhile, the share of Americans who think the economy is in a recession eased to 58% from 61% in October. 32% of adults are concerned about job loss in their household, down from 38% in October.
2022-11-08
Americans Remain Pessimistic
The IBD/TIPP Economic Optimism Index in the US fell to 41.6 in October of 2022 from a five-month high of 44.7 in September. The index has been stuck in pessimistic territory for 14 straight months. The share of Americans who think the US economy is in a recession rose to 61% from 59% in September. Also, 90% of Americans are concerned about the path of inflation over the next 12 months and 38% of adults are concerned about job loss in their household, up from 34% in the previous month. Yet, the six-month outlook for the economy fell 4.1 points to a gloomy 35.4. The personal finances subindex fell 3.8 points to 48.2 and the gauge of support for federal economic policies, slipped 1.5 points to 41.2 in October. On the other hand, those age 18-24 and 25-44 were more optimistic in October (53.9), after Biden administration's move to forgive up to $20,000 in federal college loans.
2022-10-11
US Economic Optimism Remains Negative
The IBD/TIPP Economic Optimism Index in the US rose to 44.7 in September of 2022 from 38.1 in August. Despite gaining ground, the index remained in negative territory for the 13th consecutive month. The six-month outlook for the US economy surged 21.2% to 39.5 in September from 32.6 in August. The household's financial outlook for the next six months climbed 11.8% to 52 from 46.5 last month, moving into positive territory for the first time since May 2022. Also, the gauge of support for federal economic policies went up 21.0% to 42.7 from 35.3. “There has been a general surge in optimism this month, despite some ongoing apprehension about the economy,” said Raghavan Mayur, president of TechnoMetrica, who directed the poll. “While 90% of Americans are concerned about inflation, 32% believe the economy is improving, compared to just 21% last month. With gas prices falling and low unemployment, people appear to believe that better days are on the way.”
2022-09-13