Boom or Bust: Stark Partisan Divide on How Consumers View Economy

Economics has a foundation in hard numbers — employment, inflation, spending — that has largely allowed it to sidestep the competing partisan narratives that have afflicted American politics and culture. But not anymore. Since Donald J. Trump’s victory in November, consumer sentiment has diverged in an unprecedented way, with Republicans […] Read more »

Economic Confidence Drops to Lowest Level Since Election

Americans’ confidence in the U.S. economy tumbled along with the Dow Jones industrial average last week. Though still in positive territory, Gallup’s U.S. Economic Confidence Index (ECI) dropped six points to a score of +5 for the week ending March 26. This is the lowest weekly average since the presidential […] Read more »

Republicans Upgrade Views of Their Own Financial Situation

Republicans have become significantly more positive about their financial situation, while Democrats have grown more negative about theirs. Seven in 10 Republicans and Republican leaners are feeling “pretty good” about the amount of money they have to spend, up from 44% in October 2016. Meanwhile, the percentage of Democrats and […] Read more »

Economic Confidence Strong, but Below Recent High

Gallup’s U.S. Economic Confidence Index remained firmly in positive territory at +11 for the week ending March 19. The score is in line with most weekly results since Americans’ economic attitudes improved in mid-November, but is five points below the index’s nine-year high reached two weeks ago. CONT. Andrew Dugan, […] Read more »