IBD/TIPP Poll Shows 22.7% Increase in Economic Optimism; Index Returns to Positive Territory for the First Time Since March

LOS ANGELES–(BUSINESS WIRE)–The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, revealed dramatic increases in positive sentiment this month, rising from 45.0 to 55.2 (22.7%) overall. This brings the index back into positive territory for the first time in seven months. For the IBD/TIPP indexes, a reading below 50.0 indicates pessimism. The IBD/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued