Returning to the podcast to discuss consumer sentiment in Virginia in 2018 is Dr. Alice Louise Kassens, John S. Shannon Endowed Professor of Economics at Roanoke College. She is also the senior analyst for this data at the Institute for Policy and Opinion Research.
Overall, consumer confidence is good, but there are a few things that are concerning, including expectations about the coming year and a huge gap between self-identified Republicans and Democrats about how they perceive economic performance.
Also in the show, I ask Dr. Kassens about what the Virginia General Assembly could do with $3 billion in 2019: education, tax cuts, or rainy day savings?
Links of note:
RC Poll: Consumer Sentiment — Virginians feeling prosperous, political divide at highest level (Roanoke College – Visit to see the study and figures we discuss)
Fed has room to raise interest rates for some time, Brainard says (Reuters)
New U.S. tariff threat on Chinese goods hits stocks, dollar (Reuters)
Editorial: Virginia’s coming tax debate (Roanoke Times)
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