The IBD/TIPP Economic Optimism Index in the US fell for the 5th straight month to 43.9 in November of 2021, the lowest since September of 2015, and just undercut the prior pandemic low of 44 in July 2020, as the second Covid wave was hitting. With the delta variant slowing the jobs recovery and inflation fears mounting, household financial stress is spiking and faith in federal economic policies is sinking. The six-month economic outlook index sank 2.7 points to 38.6, the lowest since July 2020. Inflation worries weighed on the personal finances subindex, which fell 2 points to a 14-month low of 51.9, despite the S&P 500 closing the month at a record high. Dimming faith in federal economic policies was the biggest drag, as the federal policies subindex fell 4.2 points to 41.1. That was the lowest since January 2016. source: Technometrica Market Intelligence/The Investor's Business Daily
Economic Optimism Index in the United States averaged 49.98 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 November of 2021.
Economic Optimism Index in the United States is expected to be 42.00 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 2022, according to our econometric models.