Republicans and Democrats Highly Divided in Economic Outlook Under Trump

Published On Nov 13, 2024, 5:04 AM

Following the recent election, consumer sentiment among Republicans has surged nearly 30%, indicating a more positive outlook on the economy, while Democrats' sentiment has decreased by 13%, reaching its lowest point since early 2023. This divide reflects public anticipation of economic recovery tied to Donald Trump's re-election, despite a backdrop of previously high inflation rates and lingering economic concerns. Analysts expect the dissonance in consumer sentiment to significantly impact economic indicators in the coming months, as sentiments adjust to the political landscape.