TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
Financially, Americans are going through a rough period. It is natural to be vulnerable to financial pressures after the past twelve months, i.e., since the beginning of the pandemic and the resulting significant job losses.
TechnoMetrica’s Auto Demand Index continues to be strong. As the COVID situation improves, it is reasonable to expect a significant increase in demand. City dwellers are driving the need for compact and smaller vehicles, which is a COVID phenomenon.
Based on our survey data about economic stimulus, we use factor analysis to identify two American mindsets: assistance mindset and incentive mindset. We show which strategies the segments favor.
Almost three-fifths of Americans (59%) believe the pandemic has had a negative impact on their mental health.
The IBD/TIPP Economic Optimism Index posts its highest reading since the start of the pandemic.
We compare financial stress levels before and after the start of the pandemic.
