Election had minor influence on consumer sentiment trends
November 22, 2024
November 22, 2024
ANN ARBOR, Michigan, Nov. 22 -- The University of Michigan issued the following news:
The presidential election did little to change overall trends in consumer views as consumer sentiment lifted for the fourth consecutive month, inching up to its highest reading since April 2024.
Unsurprisingly, the prospect of Donald Trump's economic policies has boosted the economic outlook of Republicans, while Democrats are more pessimistic about the path of the economy, said econom . . .
The presidential election did little to change overall trends in consumer views as consumer sentiment lifted for the fourth consecutive month, inching up to its highest reading since April 2024.
Unsurprisingly, the prospect of Donald Trump's economic policies has boosted the economic outlook of Republicans, while Democrats are more pessimistic about the path of the economy, said econom . . .