California's consumer confidence plummeted 12% post-election, marking its most significant drop since May 2023, largely affected by political sentiment rather than economic concerns.
The expectations index for California saw a staggering 22% drop in one month, the biggest decline since the confusion of early pandemic days in July 2020.
Despite California's worsening outlook on economic future, there was a 1% rise in the view of current conditions, contrasting sharply with the 8% rise observed after Trump's win in 2016.
Comparatively, states that supported Trump saw a rise in confidence, underlining the political correlation, with Michigan experiencing a notable 9% increase in overall confidence.
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