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US DATA: Final UMich Shows Little Change in Current Conditions

US DATA
USEM BulletFixed Income BulletsData BulletBulletMarketsEmerging Market NewsForeign Exchange BulletsNorth America

From the UMich survey:

  • "Post-election interviews were 1.3 points below the pre-election reading, moderating the improvement seen earlier in the month.
  • "Overall, the stability of national sentiment this month obscures discordant partisan patterns. In a mirror image of November 2020, the expectations index surged for Republicans and fell for Democrats this month
  • "Current conditions saw insignificant changes this month across the political spectrum, consistent with the fact that the resolution of the election exerted little immediate impact on the current state of the economy"

Reversing expectations by self-identified political party here:

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From the UMich survey:

  • "Post-election interviews were 1.3 points below the pre-election reading, moderating the improvement seen earlier in the month.
  • "Overall, the stability of national sentiment this month obscures discordant partisan patterns. In a mirror image of November 2020, the expectations index surged for Republicans and fell for Democrats this month
  • "Current conditions saw insignificant changes this month across the political spectrum, consistent with the fact that the resolution of the election exerted little immediate impact on the current state of the economy"

Reversing expectations by self-identified political party here: