2008 record      

U.S. Consumer Confidence Falls To Lowest For 2012

The IBD/TIPP Economic Optimism Index dropped by 1.4 points, or 3.0%, in August posting 45.6 vs. 47.0 in July.  The index is 0.2 points above its 12-month average of 45.4, 1.2 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 4.2 points below its all-time average of 49.8.

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What Happened To Obama's Laser Focus On Jobs?

Jobs: Another week, another bad employment number — this one a 34,000 jump in jobless claims. Gee, what happened to Obama's "laserlike focus" on jobs? And for that matter, why hasn't his Jobs Council met in six months?

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U.S. Consumer Confidence Edges Up in July

The IBD/TIPP Economic Optimism Index edged up by 0.3 points, or 0.6%, in July posting 47.0 vs. 46.7 in June.  The index is 2.4 points above its 12-month average of 44.6 and 2.6 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 2.9 points below its all-time average of 49.9.

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June Swoon: U.S. Consumer Confidence at Year’s Low

The IBD/TIPP Economic Optimism Index declined by 1.8 points, or 3.7%, in June posting 46.7 vs. 48.5 in May.  The index is 2.6 points above its 12-month average of 44.1 and 2.3 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 3.2 points below its all-time average of 49.9.

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Mitt Romney Has To Pay Attention To The Investor Class

While President Obama is out on the campaign trail talking about how bad things were four years ago, and how we have to go "forward" to his second term to see just how great things are going to be in the next four years, the biggest problem he's got is the here and now.

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U.S. Consumer Confidence Weakens in May

The IBD/TIPP Economic Optimism Index declined by 0.8 points, or 1.6%, in May posting 48.5 vs. 49.3 in April. The index is 4.5 points above its 12-month average of 44.0 and 4.1 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 1.4 points below its all-time average of 49.9.

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President Obama's Economic Programs Have Failed

The recovery has not yielded job vacancies, but here are five ways to cure our labor woes.

America has long been a country where almost everyone, including the poor and unskilled, could get a job. Given the will to do a reasonable day's work, a job was a passport to economic and social well-being; it was the fount of self-esteem and the foundation of family life. Indeed, work was Life.

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U.S. Consumer Confidence Improves in April

The IBD/TIPP Economic Optimism Index improved by 1.8 points, or 3.8%, in April posting 49.3 vs. 47.5 in March. The index is 5.8 points above its 12-month average of 43.5 and 4.9 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 0.6 points below its all-time average of 49.9.

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Slow Jobs Growth Underscores Obamanomics' Failure

Economy: Darin Wedel, an out-of-work Texas electronics engineer who more than two months ago sent his resume to the White House at the request of President Obama, is still unemployed. It's a tale for our times.

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Rising Fuel Costs Burning Small Business

High gas prices are still impacting the nation’s small business owners, according to a new survey by the Small Business & Entrepreneurship Council. The survey, “Entrepreneurs & the Economy: Trends, Issues and Outlook,” found that 72% of business owners are feeling pain from prices at the pump.

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GOP Hopefuls Must Focus On The Economy, Not Each Other

Election 2012: Ever deeper into the primary season the Republicans go without having yet chosen a nominee. They will eventually settle on one, but in the meantime the GOP candidates need to keep the focus on the economy.

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U.S. Consumer Confidence slips in March

The IBD/TIPP Economic Optimism Index dropped by 1.9 points, or 3.8%, in March posting 47.5 vs. 49.4 in February. The index is 4.7 points above its 12-month average of 42.8 and 3.1 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 2.4 points below its all-time average of 49.9.

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America's Big Wealth Gap: Is It Good, Bad, Or Irrelevant?

The gap between rich and poor is at its widest since the Roaring '20s. Obama complains that it's unfair, but a growing chorus of economists and sociologists say it's worse than that.

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Confidence Brightens For the Sixth Month in a Row

The IBD/TIPP Economic Optimism Index improved by 1.9 points, or 4.0%, in February posting 49.4 vs. 47.5 in January. The index is 7.0 points above its 12-month average of 42.4 and 5.0 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 0.4 points below its all-time average of 49.9.

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Consumer Confidence Brightens As Americans Become More Optimistic on Economic Outlook

The IBD/TIPP Economic Optimism Index improved by 4.7 points, or 11.0%, in January posting 47.5 vs. 42.8 in December. The index is 5.0 points above its 12-month average of 42.5 and 3.1 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 2.4 points below its all-time average of 49.9.

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Consumer Confidence Increases, Americans Still Pessimistic

The IBD/TIPP Economic Optimism Index improved by 2.2 points, or 5.4%, in December posting 42.8 vs. 40.6 in November.  The index is 0.1 points below its 12-month average of 42.9 and 1.6 points below its reading of 44.4 in December 2007 when the economy entered into the recession, and 7.2 points below its all-time average of 50.0.

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Unemployment Decline To 8.6%: A Statistical Fluke?

Jobs: Americans woke up Friday to the good news that the unemployment rate had dropped sharply from 9% to 8.6%. On closer inspection, the decline is highly questionable — and doesn't warrant a surge in optimism.

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Consumer Confidence Edges Up, Americans Continue to be Pessimistic

The IBD/TIPP Economic Optimism Index improved by 0.3 points, or 0.7%, in November posting 40.6 vs. 40.3 in October.  The index is 2.6 points below its 12-month average of 43.2 and 3.8 points below its reading of 44.4 in December 2007 when the economy entered into the recession, and 9.4 points below its all-time average of 50.0.

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