Consumer Confidence Dips, But Republicans Still Notably Optimistic

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Confidence is still holding fairly steady despite widespread health concerns about the pandemic. But current events can influence that optimism

Each of the subcategories Ipsos tracks to measure overall confidence, including current financial situation, financial outlook, investment confidence and job security confidence, decreased from last week. Only one of them exceeds pre-pandemic levels.

A majority of Americans continue to believe that reopening the economy is the right thing to do, with 52% of respondents agreeing the economy will recover quickly once pandemic restrictions are relaxed. Meanwhile, 47% said the economy should be reopened even if the coronavirus isn’t contained—a decrease of two points from last week.

 

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