IBD/TIPP Poll: Economic Optimism Rises, But Trump Economy Is No Party
The IBD/TIPP Economic Optimism Index improved in June, but the country's mood remains surprisingly circumspect considering lower joblessness, better wages, and an economy whose growth appears to have accelerated past 3%.
The index edged up 0.3 point to 53.9, solidly above the 50 neutral level, as Americans' view of their personal finances strengthened and the jobless rate matched a nearly half-century low.
Self-described investors were bullish on the economy, with their responses equating to a 57.5 index reading, yet the rest of the country remained slightly pessimistic, slipping further into negative territory at 48.6.
Optimism and pessimism also were linked to income levels in June. Americans earning at least $50,000 were optimistic (55.8) and those earning more than $75,000 even more so (57.6). Yet Americans earning less than $50,000 were somewhat pessimistic (48.9 or lower).
Self-described investors were bullish on the economy, with their responses equating to a 57.5 index reading, yet the rest of the country remained slightly pessimistic, slipping further into negative territory at 48.6.
Optimism and pessimism also were linked to income levels in June. Americans earning at least $50,000 were optimistic (55.8) and those earning more than $75,000 even more so (57.6). Yet Americans earning less than $50,000 were somewhat pessimistic (48.9 or lower).
No comments:
Post a Comment