The IBD/TIPP Economic Optimism Index in the US rose to 46.8 in August of 2020 from 44.0 in the previous month, remaining in the negative territory for the fifth consecutive month, as Covid-19 continues to take a heavy toll on the labor market. Still, Americans became less pessimistic about federal economic policies, the six-month economic outlook and the personal finances outlook on hopes that Congress will approve a second stimulus package amid a resurgence in coronavirus infections and restrictions.
Economic Optimism Index in the United States averaged 49.89 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 August of 2020. source: Technometrica Market Intelligence/The Investor's Business Daily
Economic Optimism Index in the United States is expected to be 47.00 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 50.00 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.