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Consumer Confidence Set for Rebound in 2024

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“American consumer confidence — still bizarrely low given how healthy the economy is — could be set for a substantial rebound in 2024,” Axios reports.

“Consumer confidence has historically been a good predictor of whether or not incumbent politicians will be re-elected. A rebound would therefore be good news for President Biden and Democrats more broadly.”

About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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