The Conference Board Consumer Confidence Index® decreased in August, after declining in July. The Index now stands at 84.8 (1985=100), down from 91.7 in July. … “Consumer Confidence declined in August for the second consecutive month,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “The Present […] Read more »
Economic Consequences of the Coronavirus Outbreak
The public’s assessment of the U.S. economy, which declined at the start of the coronavirus outbreak, remains low. But even as many have endured unemployment, pay cuts, and financial insecurity, Americans are about as likely as they were before the coronavirus outbreak to describe their personal financial situation positively. Sixty-three […] Read more »
Why Trump’s Approval Ratings on the Economy Remain Durable
It is an enduring political question amid a pandemic recession, double-digit unemployment and a recovery that appears to be slowing: Why does President Trump continue to get higher marks on economic issues in polls than his predecessors Barack Obama, George W. Bush and George H.W. Bush enjoyed when they stood […] Read more »
Can the Republican Convention turn things around for Trump?
As the Republican National Convention opens this week, President Donald Trump is in a tough position. … There isn’t much doubt that if the election were held today Trump would lose and might well take down the Republican Senate with him. So, all eyes will be on the Republicans’ convention […] Read more »
Data show Trump didn’t ‘build’ a great economy. He inherited it.
President Donald Trump’s campaign speeches can careen into many topics, but his primary appeal continues to be that he built “the greatest economy that we’ve had in our history” before the COVID-19 pandemic and he can do it again. The latest NBC News/Wall Street Journal poll shows he has an […] Read more »
Republicans see U.S. as better off now than 4 years ago
… Republicans see an America — to borrow Ronald Reagan’s famous test — better off today than it was four years ago, mainly, they say, because of their confidence in President Trump. For most Republicans, America is a nation where the economy is still fairly good, where the effort to […] Read more »