LOS ANGELES (October 12, 2010) - The IBD/TIPP Economic Optimism Index increased 1.1 points, or 2.4%, in October posting 46.4 vs. 45.3 in September. The index is 0.2 points below its 12-month average of 46.6 and 2.0 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 4.3 points below its all-time average of 50.7.
Written by Investor's Business Daily Editorial
Fiscal Policy: Listening to the White House and Congress, you'd think Americans were keen to let the Bush-era tax cuts expire at the end of this year. Now, a new IBD/TIPP poll definitively lays that myth to rest.