Americans’ outlook on the economy soured in the two weeks straddling the national elections, as Republicans grew more pessimistic and Democrats worried about a surge in coronavirus infections, according to survey findings released Friday.
The University of Michigan’s index of consumer sentiment dropped to 77.0 in the two weeks ended Nov. 10, from 81.8 in October. Economists surveyed by The Wall Street Journal had expected a reading of 81.5. The index of expectations drove the decline, falling to 71.3 from 79.2 in October.