on Friday morning as the University of Michigan’s consumer sentiment barometer released the final results prior to the election.
What’s more, there’s a lot of evidence that how consumers feel about the economy has an impact on how they vote in presidential elections. Exactly which metrics drive votes is hotly debated and, as with all metrics that purport to predict outcomes of presidential elections, some skepticism is required because the sample size is too small. We only have presidential elections every four years, so you need to be careful when drawing deterministic inferences.
Importantly, partisanship does not mean that the index is not reflecting “true” consumer sentiment or is not useful as an economic gauge or even a political barometer in an election year. For one thing, even if consumers are motivated by partisanship to see the economy in a certain light,. Consumers who are Republicans tend to expect the economy to perform better and see economic conditions more favorably when a Republican is in the White House—and this effects their investing and consumption.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breitbart Business Digest: Kamala Harris Attempts to Lie Her Way into the PresidencySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: Nobel Laureates Back Kamala, But Voters Trust Trump to Fix the EconomySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: Just 17% of CFOs Think Harris Is Better for the EconomySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: What We Saw at Trump’s Trade Revolution in ChicagoSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: Is Harris Gaining Ground on Economic Issues?Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: Wall Street Sides with Harris, Main Street Sides with TrumpSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »