US IBD/TIPP economic optimism 40.3 vs 43.0 expected

  • US economic optimism reading from IBD/TIPP
IBD Tipp
  • One-year low
  • Average hourly wage rose 4.4% vs. a year earlier
  • The six-month outlook for the U.S. economy fell 0.3 point to 35.2
  • The personal finances subindex fell 1.3 points to 48.7

This is a low-level indicator but highlights some of the pessimism in the market.

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