The IBD/TIPP Economic Optimism Index in the US fell to 38.1 in June of 2022 from 41.2 in the previous month, the lowest since August 2011. The six-month outlook for the US economy declined 2.6 points to 30.6, the lowest since July 2008; and the gauge of support for federal economic policies sank 2.7 points to 37.4, the lowest since September 2015. Also, the personal finances subindex slipped 4 points to a record low of 46.4 on inflation's hit to incomes and the S&P 500 bear market's hit to retirement accounts. Meanwhile, household financial stress hit the highest level since April 2020, at the outset of the pandemic, as gas prices hit new records fueled by Russia's invasion of Ukraine and the inflation rate hit a new 40-year-high 8.6%. source: Technometrica Market Intelligence/The Investor's Business Daily
Economic Optimism Index in the United States averaged 49.80 from 2001 until 2022, 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 July 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 50.00 in 2023, according to our econometric models.