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The IBD/TIPP Economic Optimism Index declined 4.0 points, or 7.8% in February, posting a reading of 47.5 vs. 51.5 in January. The index is 0.8 points above its 12-month average of 46.7, 3.1 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 1.7 points below its all-time average of 49.2.
The IBD/TIPP Economic Optimism Index dropped by 0.3 points, or 0.7% in February, posting a reading of 44.9 vs. 45.2 in January. The index is 0.4 points above its 12-month average of 44.5, 0.5 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 4.5 points below its all-time average of 49.4.
The IBD/TIPP Economic Optimism Index shot up in January to its first positive reading since October 2012 as cheaper gasoline and stronger job growth give consumers the ability and desire to step up spending.
The IBD/TIPP Economic Optimism Index gained 3.1 points, or 6.4% in January, posting a reading of 51.5 vs. 48.4 in December. The index is 5.0 points above its 12-month average of 46.5, 7.1 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 2.3 points above its all-time average of 49.2.
In recent days, President Obama has shifted his tone on the US economy, emphasizing more strongly the progress that’s been made since he took office.
The recession technically ended 5-1/2 years ago, but the public is only now — in the wake of falling gasoline prices and the GOP election victory last November — starting to believe it, the latest IBD/TIPP Poll shows.
For the first time since the Great Recession, polls are finding a majority of Americans with positive feelings about the economy.
The IBD/TIPP Economic Optimism Index gained 2.0 points, or 4.3% in December, posting a reading of 48.4 vs. 46.4 in November. The index is 2.4 points above its 12-month average of 46.0, 4.0 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 0.8 points below its all-time average of 49.2.
Businesses hired 214,000 net new workers in October, and the unemployment rate fell to its lowest since the financial crisis. All in all, not a bad employment report. So why are Americans so disgruntled?
The IBD/TIPP Economic Optimism Index gained 1.2 points, or 2.7% in November, posting a reading of 46.4 vs. 45.2 in October. The index is 0.8 points above its 12-month average of 45.6, 2.0 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 2.8 points below its all-time average of 49.2.
The US economy grew at steady pace of 3.5 percent in the third quarter, a sign of progress against a backdrop of concerns about slow wage growth and difficulties for the wider global economy.
The IBD/TIPP Economic Optimism Index maintained its September reading of 45.2 in October. The index is 0.1 points above its 12-month average of 45.1, 0.8 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 4.0 points below its all-time average of 49.2.
The IBD/TIPP Economic Optimism Index for September rose slightly, but remains below the neutral level as nearly half of Americans say the U.S. is still in recession.
The IBD/TIPP Economic Optimism Index fell 1.1 points, or 2.4% in August, posting a reading of 44.5 vs. 45.6 in July. The index is 0.1 points below its 12-month average of 44.6, 0.1 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 4.8 points below its all-time average of 49.3.
U.S. consumers are even more pessimistic about the economy and less optimistic about their personal finances this month than they were previously, according to the most recent poll by Investor's Business Daily and TIPP.
The IBD/TIPP Economic Optimism Index fell 2.1 points, or 4.4% in July, posting a reading of 45.6 vs. 47.7 in June. The index is 0.9 points above its 12-month average of 44.7, 1.2 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 3.7 points below its all-time average of 49.3.
With some 217,000 jobs added by employers in May, the US economy finally has grown enough jobs to replace all those lost during the recession – and to reach a new all-time high.
The IBD/TIPP Economic Optimism Index gained 1.9 points, or 4.1% in June, posting a reading of 47.7 vs. 45.8 in May. The index is 2.9 points above its 12-month average of 44.8, 3.3 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 1.6 points below its all-time average of 49.3.
If President Obama succeeds in his bid to raise America’s minimum wage to $10.10 per hour, the move would probably mean fewer jobs, not just higher pay for low-skill workers.
Less than half the public support a sharp boost in the minimum wage when told that it could cost the economy half a million jobs, according to the latest IBD/TIPP Poll out Thursday.
