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.” source: Technometrica Market Intelligence/The Investor's Business Daily
Economic Optimism Index in the United States averaged 49.69 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 September of 2022.
Economic Optimism Index in the United States is expected to be 38.40 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.