{"id":261156,"date":"2024-09-28T20:29:05","date_gmt":"2024-09-28T20:29:05","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/28\/consumer-sentiment-and-expectations-revd-in-september\/"},"modified":"2025-06-25T17:11:05","modified_gmt":"2025-06-25T17:11:05","slug":"consumer-sentiment-and-expectations-revd-in-september","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/28\/consumer-sentiment-and-expectations-revd-in-september\/","title":{"rendered":"Consumer Sentiment and Expectations (Rev\u2019d) in September"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-53980\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Upward revisions for both indices from University of Michigan Survey of Consumers:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umcsent_partisanpix1-1.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-53982\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umcsent_partisanpix1-1.png\" alt=\"\" width=\"1036\" height=\"604\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umcsent_partisanpix1-1.png 1036w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umcsent_partisanpix1-1-300x175.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umcsent_partisanpix1-1-1024x597.png 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umcsent_partisanpix1-1-768x448.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umcsent_partisanpix1-1-624x364.png 624w\" sizes=\"(max-width: 1036px) 100vw, 1036px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> University of Michigan Consumer Sentiment for Democrats (blue, left scale), for Independents (gray, left scale), for Republicans (red, left scale),\u00a0 <a href=\"https:\/\/www.frbsf.org\/economic-research\/publications\/working-papers\/2017\/01\/\">Shapiro, Sudhof and Wilson (2020)<\/a> Daily News Sentiment Index (green, right scale). The News Index observation for September is through 9\/22\/2024. Source: <a href=\"https:\/\/data.sca.isr.umich.edu\/fetchdoc.php?docid=76904\">U.Mich<\/a>, <a href=\"https:\/\/www.frbsf.org\/economic-research\/indicators-data\/daily-news-sentiment-index\/\">SF Fed<\/a>.<\/em><\/p>\n<p>Even Republicans\/lean Republicans are looking more upbeat about the future in September:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umexpect_partisanpix1.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-53983\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umexpect_partisanpix1.png\" alt=\"\" width=\"849\" height=\"561\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umexpect_partisanpix1.png 849w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umexpect_partisanpix1-300x198.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umexpect_partisanpix1-768x507.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/umexpect_partisanpix1-624x412.png 624w\" sizes=\"(max-width: 849px) 100vw, 849px\"\/><\/a><\/p>\n<p><em><strong>Figure 2:<\/strong> University of Michigan Consumer Expectations for Democrats (blue), for Independents (gray), for Republicans (red). Source: <a href=\"https:\/\/data.sca.isr.umich.edu\/fetchdoc.php?docid=76904\">U.Mich<\/a>, <a href=\"https:\/\/www.frbsf.org\/economic-research\/indicators-data\/daily-news-sentiment-index\/\">SF Fed<\/a>.<\/em><\/p>\n<p>However, by far the biggest change is for Democratic\/lean Democratic since July (up 12.3 points).<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/09\/consumer-sentiment-and-expectations-revd-in-september\" title=\"12:41 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-09-28T12:41:27-07:00\">September 28, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/09\/consumer-sentiment-and-expectations-revd-in-september\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Upward revisions for both indices from University of Michigan Survey of Consumers: Figure 1: University of Michigan Consumer Sentiment for Democrats (blue, left scale),<\/p>\n","protected":false},"author":1,"featured_media":261157,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/261156"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=261156"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/261156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/261157"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=261156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=261156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=261156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}