The IBD/TIPP Economic Optimism Index in the US unexpectedly fell to 40.3 in August 2023, the lowest in 12 months, from 41.3 in July and missing market forecasts of 43. It was the 24th consecutive month that the reading stands below 50, indicating that Americans remain pessimistic. The six-month outlook for the economy went down to 35.2 from 35.5; the personal finances subindex decreased to 48.7 from 50 and the gauge of support for federal economic policies declined to 37.1 from 38.5. “Despite the recent assurances of the Fed that we will not experience a recession, consumers are still worried,” said Ed Carson, IBD's news editor. “Most (84%) believe that wages are not keeping pace with inflation, and the Personal Financial Outlook, which had previously been one of the more positive signals, returned to negative territory for the first time in six months. We clearly still have a way to go to return to pre-pandemic positivity.” source: Technometrica Market Intelligence/The Investor's Business Daily

Economic Optimism Index in the United States averaged 49.41 points from 2001 until 2023, reaching an all time high of 62.90 points in March of 2002 and a record low of 35.80 points 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 August of 2023.

Economic Optimism Index in the United States is expected to be 44.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States IBD/TIPP Economic Optimism Index



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-11 02:00 PM Jul 41.3 41.7 45.3 43
2023-08-08 02:00 PM Aug 40.3 41.3 43 42
2023-09-05 02:00 PM Sep 40.3 44


Related Last Previous Unit Reference
Economic Optimism Index 40.30 41.30 points Aug 2023

United States IBD/TIPP Economic Optimism Index
IBD/TIPP Economic Optimism Index measures Americans' opinions and outlooks on the economy. The index is based on a nationwide survey of 900 adults and evaluates six-month economic outlook, personal financial outlook, confidence in federal economic policies. Reading above 50 indicates optimism, and below 50 indicates pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
40.30 41.30 62.90 35.80 2001 - 2023 points Monthly

News Stream
Americans Are the Most Pessimistic in 12 Months
The IBD/TIPP Economic Optimism Index in the US unexpectedly fell to 40.3 in August 2023, the lowest in 12 months, from 41.3 in July and missing market forecasts of 43. It was the 24th consecutive month that the reading stands below 50, indicating that Americans remain pessimistic. The six-month outlook for the economy went down to 35.2 from 35.5; the personal finances subindex decreased to 48.7 from 50 and the gauge of support for federal economic policies declined to 37.1 from 38.5. “Despite the recent assurances of the Fed that we will not experience a recession, consumers are still worried,” said Ed Carson, IBD's news editor. “Most (84%) believe that wages are not keeping pace with inflation, and the Personal Financial Outlook, which had previously been one of the more positive signals, returned to negative territory for the first time in six months. We clearly still have a way to go to return to pre-pandemic positivity.”
2023-08-08
Americans Are More Pessimistic Again
The IBD/TIPP Economic Optimism Index in the US unexpectedly fell to 41.3 in July 2023, the lowest since November, compared to 41.7 in June and market forecasts of 45.3. It also marks the 23rd consecutive month that the reading stands below 50, indicating that Americans remain pessimistic. The economy continues to be the number one issue for Americans as they prepare for earnings season and new inflation data. The Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, fell to 50 from 51.9 and the gauge for Confidence in Federal Economic Policies edged lower to 38.5 from 38.6. On a positive note, the Six-Month Economic Outlook rose to 35.5 from 34.5, as optimism slightly increased for the long term, but it’s still a long way from positive.
2023-07-11
Americans Remain Pessimistic
The IBD/TIPP Economic Optimism Index in the US edged slightly higher to 41.7 in June of 2023 from 41.6 in May, but remained well below the 50 benchmark to indicate optimism and market forecasts of 45.2. Americans' six-month outlook declined 0.3% to 34.5, the lowest since November. 51% of the respondents think the economy is in a recession, the least since May 2022, but only 25% see it improving. Also, the support for federal economic policies gauge plummeted by 3.5% to 38.6, the weakest level since last August's eight-year low, probably due to debt-ceiling deal, which included an agreement to end the moratorium on most student-loan payments later this summer after more than three years. Meanwhile, the subindex measuring personal finances increased 3.6% to 51.9, although "people are a long way from feeling comfortable with the state of the economy", said Ed Carson, IBD's news editor. 89% showed concerns about inflation and only 22% think wages are keeping up with inflation.
2023-06-06