CoinVoice has learned that this month, consumer confidence in the United States has changed little. Overall, the stability of consumer confidence this month masks the patterns of division between parties.
Similar to the situation in November 2020, this month the expectations index for Republicans has surged, while the expectations index for Democrats has declined, reflecting the differing views between the two parties on how Trump's policies will impact the economy. In contrast, changes in the current situation among political factions this month are minimal, which aligns with the fact that the election results had almost no immediate impact on the current economic situation.
Ultimately, there remains a great deal of uncertainty regarding the future implementation of Trump's economic agenda, and consumers will continue to adjust their views in the coming months. Inflation expectations for the next year have slightly decreased from 2.7% last month to 2.6% this month. The current reading is the lowest level since December 2020, within the range of 2.3%-3.0% seen in the two years prior to the pandemic. Long-term inflation expectations have risen from 3.0% last month to 3.2% this month. [Original link]