Consumer sentiment has continued to move along the high plateau established following Donald Trump’s election. The May 2017 figure was virtually unchanged from the April reading, and nearly identical with the December to May average of 97.3, according to the University of Michigan (U-M) Surveys of Consumers. CONT. U. of […] Read more »
Do you like Trump but not immigrants? You probably love the economy right now.
… Since January, we’ve been polling more than 9,000 Americans each month about their views on the economy. (The University of Michigan’s consumer sentiment surveys, by contrast, ask about 500 people a month.) Using our large samples and detailed questions, we can investigate not only how Americans feel about the […] Read more »
Americans’ Financial Anxieties Ease in 2017
Americans are less worried about eight specific financial issues than they were last year, with concerns about some issues falling to their lowest levels in a decade or more. U.S. adults are most concerned about not having enough money for retirement and not being able to pay medical costs of […] Read more »
Confidence in Economy at Post-Election Low
Americans’ confidence in the economy has slipped over the past two months but remains higher than it was before the 2016 presidential election. Gallup’s U.S. Economic Confidence Index averaged +2 for the week ending May 14 — its lowest score recorded this year. CONT. Andrew Dugan, Gallup Read more »
Why don’t Republicans and Democrats see the same economy?
Ever since the election of US president Donald Trump, consumer surveyors have noticed a trend: A determining factor for Americans’ economic outlook is whether they are Democrats or Republicans. … Though the new administration has yet to enact any significant economic policy, there is a logic to the shifting expectations: […] Read more »
How the Affordable Care Act Drove Down Personal Bankruptcy
As legislators and the executive branch renew their efforts to repeal and replace the Affordable Care Act this week, they might want to keep in mind a little-known financial consequence of the ACA: Since its adoption, far fewer Americans have taken the extreme step of filing for personal bankruptcy. CONT. […] Read more »