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Economic Expectations Grow Less Polarized since the 2016 Election

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Abstract

In two previous blog posts (from January 2017 and December 2017), we examined political polarization in economic expectations in the period immediately after the 2016 presidential election using the Survey of Consumer Expectations (SCE). Today, we begin a two-part series that revisits the issue. In this post, we provide an update on how economic expectations have evolved in counties where a plurality voted for Donald Trump in 2016 and counties where a plurality voted for Hillary Clinton. In a second post, we will look at how economic expectations differed in the run-up to the 2018 congressional elections, based on how districts ended up voting in that election.

Suggested Citation

  • Olivier Armantier & Michael Neubauer & Daphne Skandalis & Wilbert Van der Klaauw, 2019. "Economic Expectations Grow Less Polarized since the 2016 Election," Liberty Street Economics 20190513, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednls:87331
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    Keywords

    Elections; Consumer Expectations; Polarization;
    All these keywords.

    JEL classification:

    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations

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