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Published: Tuesday, 08 May 2018 09:58
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Written by TIPP Staff
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LOS ANGELES -- May 8, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, rose 1.9 percent in May to a reading of 53.6, marking a record run of 20 consecutive months in positive territory. The index has remained above 50 since October 2016. An index reading below 50 indicates pessimism while a reading above 50 signals optimism for the IBD/TIPP indexes.
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Published: Tuesday, 01 May 2018 09:29
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Written by TIPP Staff
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RAMSEY, N.J., April 30, 2018 (Newswire.com) - Americans’ demand for new vehicles accelerated in April, largely driven by a strengthening labor market, a growing preference for SUVs and higher incomes from tax cuts. TechnoMetrica’s Auto Demand Index climbed seven points, or 7.5 percent, this month to a score of 100, yielding the second straight monthly gain in the reading. April marks the second month this year in which the Index has hit 100, an indicator of strong vehicle purchase intent among consumers. Thus, we anticipate that auto sales, after springing to life in March, will continue to blossom as the new season gets underway.
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Published: Wednesday, 04 April 2018 09:11
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Written by Jed Graham, Investor's Business Daily
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The IBD/TIPP Economic Optimism Index fell 3 points to 52.6 in April, continuing to fade after hitting a 13-year high of 56.7 in February.
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Published: Tuesday, 03 April 2018 09:59
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Written by TIPP Staff
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LOS ANGELES, April 3, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, has entered its 19th consecutive month in positive territory. This is the longest stretch in more than a decade. It is also the second month in which the index has fallen, decreasing 5.4 percent from 55.6 to 52.6. An index reading below 50 indicates pessimism while a reading above 50 signals optimism for the IBD/TIPP indexes.
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Published: Tuesday, 03 April 2018 09:40
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Written by TIPP Staff
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RAMSEY, N.J., April 2, 2018 (Newswire) - Consumer demand for new vehicles improved slightly in March, as tax cuts boost disposable incomes, and the popularity of SUVs continues to grow. The Auto Demand Index rose five points, or 5.7 percent, this month to a score of 93, the first monthly gain of the year. However, March marks the second straight month in which the Index has registered a reading below 100, indicating moderate to low levels of purchase intent among consumers. As a result, TechnoMetrica expects that auto sales, after starting the year on a downward trend, will grow slightly in the near term.
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Published: Thursday, 08 March 2018 16:25
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Written by Jed Graham, Investor's Business Daily
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The IBD/TIPP Economic Optimism Index eased 1.1 points to 55.6 in March, taking a step back after hitting a 13-year high in February.
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Published: Tuesday, 06 March 2018 05:00
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Written by TIPP Staff
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LOS ANGELES, March 6, 2018 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, has entered its 18th consecutive month in positive territory. This is the longest stretch in more than a decade. However, after hitting a 13-year high in February, the overall Economic Optimism reading dipped by 1.9 percent in March, from 56.7 to 55.6. It remains well within positive territory, as an index reading below 50 indicates pessimism while a reading above 50 signals optimism for the IBD/TIPP indexes.
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Published: Monday, 05 March 2018 11:42
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Written by John Merline, Investor's Business Daily
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President Trump's approval rating gained two points in March, bringing his approval rating to 37%, the highest approval rating for Trump since last September. The March poll also found that the level of financial stress in the country has reached a new low.
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Published: Sunday, 04 March 2018 09:54
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Written by TIPP Staff
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RAMSEY, N.J., February 28, 2018 (Newswire.com) - Americans’ intent to purchase a new vehicle decelerated sharply this month, further indication that pent-up demand has largely been satisfied. The Auto Demand Index fell by 12 points, or 12%, in February to a reading of 88, the lowest since July 2017. This month marks the second straight double-digit decline in the Index, as consumers take advantage of the plethora of off-lease vehicles entering the market. Thus, TechnoMetrica anticipates that auto sales, which registered their largest decline in five months in January, will continue to plateau in the months ahead.
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Published: Tuesday, 13 February 2018 04:52
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Written by TIPP Staff
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LOS ANGELES (February 6, 2018) — The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, increased in February to its highest level in more than 13 years. The overall Economic Optimism reading rose from 55.1 to 56.7, up 2.9 percent. This marks 17 consecutive months in which the index has remained in positive territory, continuing its streak as the longest stretch in more than a decade.
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Published: Friday, 02 February 2018 04:37
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Written by TIPP Staff
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Hits: 2466
Consumer demand for new vehicles slowed down in January, largely due to seasonal factors, such as severe winter weather, and the satiation of pent-up demand, which have driven auto sales since the end of the recession. The Auto Demand Index declined by 13 points, or 11.5%, this month to a reading of 100, marking the first drop in the measure since September 2017. As a result, we anticipate that new vehicle sales, after a strong finish to a more restrained 2017, may have moderated somewhat at the start of the new year.
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Published: Monday, 22 January 2018 04:48
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Written by IBD Editorials, Investor's Business Daily
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Hits: 2651
No question about it — one year into President Trump's first term, the economy is on a roll, creating wealth, income and jobs for Americans, and building opportunities for the young. It's a triumph of economic realism over foolish skepticism.
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Published: Friday, 12 January 2018 04:59
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Written by TIPP Staff
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LOS ANGELES (January 12, 2018) — The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, increased in January. The overall Economic Optimism reading rose from 51.9 to 55.1, up 6.2 percent. This marks 16 consecutive months in which the index has remained in positive territory, continuing its streak as the longest stretch in more than a decade.
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Published: Friday, 15 December 2017 08:15
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Written by John Merline, Investor's Business Daily
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The number of people filing for unemployment benefits last week came in "unexpectedly" low. Instead of 240,000 claims, there were 236,000, which marked the third week in a row this number has dropped.
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Published: Wednesday, 06 December 2017 04:59
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Written by TIPP Staff
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LOS ANGELES (December 6, 2017) — The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, decreased across all measures in December. The overall Economic Optimism reading dropped to 51.9, a decline of 3.2 percent. Nevertheless, the index maintains its longest stretch in positive territory in more than a decade.
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Published: Wednesday, 08 November 2017 04:27
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Written by Jed Graham, Investor's Business Daily
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The IBD/TIPP Economic Optimism Index rose 3.3 points to an eight-month high of 53.6 in November, remaining in optimistic territory for a 14th straight month, but high-earning households stood out as the only group feeling particularly bullish.
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Published: Tuesday, 07 November 2017 04:59
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Written by TIPP Staff
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LOS ANGELES (November 7, 2017) — The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, increased across all measures in November. The overall Economic Optimism reading reached 53.6, its highest mark since March 2017 when it had a reading of 55.3. The index also continues its longest stretch in positive territory in more than a decade.
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Published: Wednesday, 11 October 2017 05:19
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Written by Jed Graham, Investor's Business Daily
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The U.S. economy appears to be shifting into gear after a grindingly slow first eight years of the recovery, but Americans aren't feeling it at the moment.
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Published: Tuesday, 10 October 2017 05:59
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Written by TIPP Staff
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The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, dropped across every category in October. The index overall fell by 5.8 percent to 50.3, its lowest point in the last 12 months. Despite the decline, the index remains in positive territory, continuing its longest stretch in more than a decade.
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Published: Thursday, 07 September 2017 05:59
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Written by TIPP Staff
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Hits: 2601
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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