Tip of the hat to Ted Fertik for flagging Mian, Sufi and Khoshkhou (2017). The authors examine the role that partisan bias plays in consumer expectations. One of their findings is that consumer confidence is extraordinarily high among Trump supporters. But that this has not translated so far into higher spending.
Does Consumer Confidence Predict Output Growth?
Does Consumer Confidence Predict Output…
Does Consumer Confidence Predict Output Growth?
Tip of the hat to Ted Fertik for flagging Mian, Sufi and Khoshkhou (2017). The authors examine the role that partisan bias plays in consumer expectations. One of their findings is that consumer confidence is extraordinarily high among Trump supporters. But that this has not translated so far into higher spending.