US: IBD/TIPP Economic Optimism Index climed 1.7% to 53.4

"The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, showed positive momentum this month, climbing another 1.7 percent to 53.4 and above the 12-month average of 51," pollster TIPP announced on Thursday.

Key highlights:

• The index has now reached a year in positive territory, which is the longest stretch in more than a decade.
• It also remains the highest reading since March and has demonstrated positive momentum for the second straight month.
• The overall economic optimism is also now aligned with increases in the Presidential Leadership Index