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Tag Archives: consumer sentiment

Does consumer sentiment correlate with the real economy?

 – by New Deal democrat “it should be no surprise that Biden’s poll numbers have recently improved.” No big economic news today, so let me update a correlation with information from last Friday’s personal income data. To wit, is consumer sentiment about the economy tied to any real metric? With a lot of noise, it does appear to be correlated. The University of Michigan has been measuring consumer sentiment for over half a century. The last...

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