3 sources·Politics

Republican Optimism on Economy Surges Post-Trump Election Win

A substantial shift in consumer sentiment and economic expectations emerges, highlighting a divide between Republican and Democrat views following Donald Trump's election.

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Updated: Nov 22nd, 2024, 10:33 PM ET

Summary

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Following Donald Trump's election, Republicans express renewed optimism about the economy, as consumer sentiment surveys indicate a stark partisan divide. While Republican confidence surged, particularly regarding economic expectations, Democrats reported a decline in their satisfaction. Despite slight overall consumer sentiment improvement, it remains below pre-pandemic levels. Meanwhile, businesses show increased optimism, reflected in rising purchasing manager indices, suggesting a potential economic turnaround driven by a more business-friendly approach after the election.


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Republican Optimism on Economy Surges Post-Trump Election Win - Pano News