Economics
Survey Shows Wide Partisan Gap Post-Trump in Consumer Sentiment
Can Trump Achieve 4% U.S. Economic Growth?
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Republicans expect the U.S. economy to boom and Democrats see a bust following Donald Trump’s election as president, a sharp reversal from sentiment a few months before the vote, according to a University of Michigan consumer survey.
An index of expectations for the economy among Republicans surged to 122.6 from 68.4, while Democrats’ outlook plummeted to 64.5 from 92.6, based on 358 respondents who were interviewed in June and July and again in December and January, the university said in a report Friday. Among independents, the gauge rose to 90.6 from 69.6.