Posted on 01/24/2025 11:35:41 AM PST by ChicagoConservative27
Consumer sentiment fell in January for the first time in six months, with inflation concerns and a sharp drop in perceptions of current conditions among Democratic voters driving the decline.
The University of Michigan’s sentiment index dropped to 71.1, its lowest in three months, from 74 in December. The decline was more pronounced than preliminary data suggested, underscoring growing unease about the economy’s trajectory.
Consumers reported feeling better about their personal finances and said incomes were stronger. But assessments of business conditions, the labor market, and economic growth slumped.
(Excerpt) Read more at breitbart.com ...
We can more than make up for the slime in their decline!!!!
What is consumer sentiment by political affiliation?
In ‘Rats, it’s a affliction.
"I'm feeling better about my personal finances and my income is stronger...BUT, I have growing unease about the TRUMP economy’s trajectory."The stupidity scale needs a major recalibration downward. These dipwads are concerned about loss of useless make-work government jobs where nobody has to produce a thing of value.
The UMich Index has always been one PhD pet project and a handful of student 'volunteers'. To measure the results, look no further than where they buried the lede deep in the PDF which maybe 3 people downloaded and viewed:
"Between October 2024 and January 2025, median expectations have vacillated, coming in at 3.0, 3.2, 3.0 and 3.2. Mean expectations (Figure 2 Panel C) have moved sideways since October 2024. These readings are consistent with disagreement among consumers over the potential impact of the incoming president’s policies. Some consumers expect President Trump’s policies to lead to a slowdown in inflation, while others expect his policies to lead to a resurgence in inflation."
If your first, last and always reaction isn't "This is the biggest bunch of sophomoric Big10 bullshit masquerading as an Oracle of Delphi proclamation that I have ever read.", then check your pulse, because you may be dead.
The lying about how great Bidenomics and Bidenflation has been is starting to pay off.
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