Consumer Sentiment

Consumer Sentiment Holds Steady But Partisan Divide Deepens

How an American consumer feels about the economy increasingly depends on politics. The University of Michigan’s index of consumer sentiment was virtually unchanged from its midmonth reading and September, hitting 81.8. That is 14.3 percent below the year ago level.

Democratic Presidential candidate and former US Vice President Joe Biden (R) and US President Donald Trump take part in the first presidential debate at Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio, on September 29, 2020. (Photo by Morry Gash / POOL / AFP) (Photo by MORRY GASH/POOL/AFP …