The IBD/TIPP Economic Optimism Index in the US plunged by 5.1 points to 48.5 in September 2021, the lowest since September last year and falling into pessimistic territory for the first time since December. Concerns about near-term prospects for the US economy mounted as the latest Covid wave pushes back the jobs recovery amid ebbing federal income supports. The six-month outlook for the U.S. economy slid 8.9 points to 41.3, the lowest since September 2020; and the personal finances subindex fell 2.8 points to 55. The federal policies subindex, which reflect views of how well government economic policies are working, dropped 3.8 points to 49.1, turning negative for the first time since February. source: Technometrica Market Intelligence/The Investor's Business Daily
Economic Optimism Index in the United States averaged 50.02 from 2001 until 2021, 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 September of 2021.
Economic Optimism Index in the United States is expected to be 53.00 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 49.00 in 2022 and 50.00 in 2023, according to our econometric models.