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- US IBD/TIPP Economic Optimism Index showed positive momentum this month, climbing another 1.7 percent to 53.4
US IBD/TIPP Economic Optimism Index showed positive momentum this month, climbing another 1.7 percent to 53.4
The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, showed positive momentum this month, climbing another 1.7 percent to 53.4 and above the 12-month average of 51.
The index has now reached a year in positive territory, which is the longest stretch in more than a decade. It also remains the highest reading since March and has demonstrated positive momentum for the second straight month. The overall economic optimism is also now aligned with increases in the Presidential Leadership Index, which returned to its July level after experiencing a dramatic dip in August.
While ratings remain low, Trump's approval numbers climbed 12 percent to a reading of 40.2 (or 38 percent overall) from its lowest point last month. These readings come as IBD/TIPP celebrates completion of its 200th monthly poll in the the Economic Optimism Index series.
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