Consumer Sentiment And Expectations (Rev’d) In September

Stock, Trading, Monitor, Business, Finance, Exchange

Image source: Pixabay


Upward revisions for both indices from University of Michigan Survey of Consumers:

(Click on image to enlarge)

Figure 1: University of Michigan Consumer Sentiment for Democrats (blue, left scale), for Independents (gray, left scale), for Republicans (red, left scale),  Shapiro, Sudhof and Wilson (2020) Daily News Sentiment Index (green, right scale). The News Index observation for September is through 9/22/2024. Source: U.MichSF Fed.


Even Republicans/lean Republicans are looking more upbeat about the future in September:

(Click on image to enlarge)

Figure 2: University of Michigan Consumer Expectations for Democrats (blue), for Independents (gray), for Republicans (red). Source: U.MichSF Fed.


However, by far the biggest change is for Democratic/lean Democratic since July (up 12.3 points).

On a related point, trust in handling the economy is just about tied:

Source: Axios.

The above poll results are about a month ago. The latest AP-NORC poll from September 13-16 indicates 46-43 Trump/Harris for this question, margin of error 3.4 ppts (hence, a statistical tie).


More By This Author:

Misery Index, 2020M12 And 2024M08: 8.0% Vs. 6.8%
Business Cycle Indicators – August 2024 And Annual Updates
Decomposing The Revision To GDO

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with