Wisconsin Macro Circumstances and Financial Sentiment

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Joe Schulz of WPR: “The financial system is the highest challenge for Wisconsin voters, however most have a damaging view”:

Stephen Brown, who’s transferring to Oshkosh from Rockford, Illinois, mentioned he doesn’t assume the financial system is as unhealthy as Republicans say, nevertheless it’s not fairly pretty much as good as Democrats say both.

Whereas the Wisconsin financial system is, by most standard macro indicators, doing nicely, it’s true there’s a partisan divide when it comes to how nicely the Wisconsin financial system is doing.

Supply: Marquette Regulation College ballot, April 2024.

Apparently, the WisconSays/LaFollette polly (Summer season-Fall 2023) signifies that there isn’t a partisan divide insofar because the financial system is an issue.

Supply: WisconSays/La Follette.

The distinction in indications might come up due to timing, or due to wording (or each). My view is that the latter is extra possible the supply of the distinction. The Marquette ballot query is probably going eliciting perceptions relating to the route of the financial system. The WisconSays ballot query, in distinction, is probably going capturing perceptions of the monetary conditions dealing with particular person respondents.

The same distinction happens in nationwide polls, as famous by Krugman. Because the perceived state of the financial system differs from the circumstances dealing with a person survey respondent, the previous will be closely influenced information protection (see Harris and Sojourner, 2024).

 

 



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