Consumer Sentiment on U.S. Economy Post-Trump Presidency
Republican households are more optimistic about the U.S. economy following Donald Trump's presidency, according to the University of Michigan's consumer sentiment survey. The index of consumer sentiment inched up in November, with Republicans showing a significant increase in expectations compared to Democrats and independents.
Key Points
- Republican households have shown a significant increase in expectations for the U.S. economy post-Trump presidency
- Consumer sentiment index saw a slight increase overall in November
Pros
- Optimism among Republican households regarding the U.S. economy
- Incremental increase in consumer sentiment index
Cons
- Decrease in current conditions metric
- Democrats showing a decrease in expectations