California's consumer confidence plummeted 12% in the month following the election, marking the largest decline since May 2023, reflecting a political mood shift.
California's expectations index saw a dramatic drop of 22% post-election, the steepest fall since July 2020, indicating a significant change in economic optimism.
Unlike previous years, California's outlook on economic conditions didn't follow the same upward trajectory after Trump's win, with only a 1% increase in November.
Confidence trends reveal that states supporting Trump experienced a rise in consumer optimism, contrasting sharply with the declines in Democrat-leaning states like California.
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