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RCM/TIPP Economic Optimism Index Weakens In December
The RealClearMarkets/TIPP Economic Optimism Index, a leading national survey of consumer sentiment, fell 10.1% in December to 40.0. The index has remained in negative territory for 28 consecutive months now. The RCM/TIPP Economic Optimism Index has established a strong track record of foreshadowing the confidence indicators issued later each month by the University of Michigan and The Conference Board. From February 2001 to October 2023, TIPP released this index monthly in collaboration with its former sponsor and media partner, Investor’s Business Daily. RCM/TIPP surveyed 1,464 adults from November 29 to December ... (full story)