Republicans expect to be doing better personally even as Trump’s agenda risks reigniting inflation, everyone’s top concern| www.briefingbook.info
The seeming disconnect between consumer sentiment and the state of the macroeconomy has been a defining characteristic of the post-COVID economy. By most widely accepted measures, the state of the macroeconomy is historically robust: The topline unemployment rate has remained below 4% for the past two years, economic growth has been steady and recovered pandemic-era losses, and inflation has retreated to historical norms.| Brookings
The impact of inflation on consumer sentiment decays at a rate of about 50 percent per year| www.briefingbook.info
How excess Republican partisanship contributes to the gap between economic fundamentals and consumer views on the economy| www.briefingbook.info