The IBD/TIPP Economic Optimism Index in the US edged down to 49 in December of 2020, the lowest in three months, from 50 in November. The growing toll of the coronavirus pandemic, the job market slowdown and the lack of new federal stimulus overshadowed the stock market rally and the prospects of economic recovery because of the development of the vaccines. The federal policies subindex fell 6.1 points to 44.4 while the personal finances subindex increased 1.4 points to 56.4. Meanwhile, the six-month outlook for the US economy sank to 46.3 from 47. source: Technometrica Market Intelligence/The Investor's Business Daily
Economic Optimism Index in the United States averaged 49.89 from 2001 until 2020, 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 December of 2020.
Economic Optimism Index in the United States is expected to be 53.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in the United States to stand at 53.00 in 12 months time. In the long-term, the United States IBD/TIPP Economic Optimism Index is projected to trend around 49.00 in 2021 and 50.00 in 2022, according to our econometric models.