Trump's Victory Boosts GOP States' Shopping, While Democratic States Cut Back

Benzinga 2024-11-29

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The 2024 holiday shopping season appears to be shaped by the presidential election results, as consumer sentiment diverges sharply along political lines. Shoppers in Republican-leaning states show increased optimism following Donald Trump's victory. Democratic states saw an average decline, with concerns about economic policy dampening holiday enthusiasm. Analysts agree that while Trump's victory offers some economic optimism, lingering inflation concerns temper expectations for a robust holiday season.

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