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.