The two shifts in support that may determine the next president
Americans are starting to feel better about the economy and inflation
There is some evidence that Americans are starting to feel more optimistic about the economy and inflation. According to the U.S. Consumer Sentiment Index from the University of Michigan, consumer confidence is up. Additionally, U.S. economic growth projections are generally positive. Inflation expectations are mostly stable and are forecasted to remain that way throughout 2020. This suggests that Americans may be feeling better about the economy and inflation. However, it is important to note that consumer confidence is still lower than before the start of the pandemic and economic recession. As such, the outlook for the economy and inflation remains uncertain.