Consumers 'Vulnerable' to Big Negative News: Univ. of Michigan's Curtin

The video discusses consumer sentiment and its impact on the economy, focusing on how uncertainty and local economic conditions influence consumer behavior. It highlights the vulnerability of consumers to negative news and the potential political implications for upcoming elections, noting a significant partisan divide in sentiment.

What drives consumers and businesses to focus on negative events during uncertain times?

• Optimism about future growth

• Uncertainty about the economy

• Stable economic conditions

• Positive news about trade

How do consumers typically respond to uncertainty about the future?

• Save more and spend less

• Invest heavily in stocks

• Ignore economic news

• Increase discretionary spending

Which factor is most important to consumers when making spending decisions?

• Global inflation rates

• National GDP figures

• Local job availability

• International trade agreements

What is a significant political factor affecting consumer sentiment in recent years?

• Economic stability

• Technological advancements

• Global peace

• Partisan divide

Which group is considered key in influencing future political outcomes based on consumer sentiment?

• Republicans

• Libertarians

• Independents

• Democrats