IBD/TIPP Economic Optimism (MoM)

Economic optimism index, by TechnoMetrica Institute of Policy and Politics (TIPP) of The Investor's Business Daily (IBD) published, this index measures consumers' sentiments related to economic conditions. The report is based on a monthly survey in which nearly 1,000 adults nationwide assess their economic prospects over the next six months, their personal financial views and beliefs about economic policies. federal. If consumers are optimistic, they will buy more goods and services, which will cause domestic demand to grow and stimulate the economy. An index above 50 indicates consumer optimism and a index below 50 indicates consumer pessimism.