- Written by Damir Mujezinovic, The Inquisitr
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Consumer sentiment edged higher in May, a month after posting its largest decline in more than six years, as a growing number of states move to reopen their economies amid an apparent flattening of the coronavirus curve, according to the latest reading of the Investor’s Business Daily/TIPP Economic Optimism Index, a leading indicator for the health of consumer spending and the economy. However, the index remains in pessimistic territory for the second month in a row, as Americans continue to grapple with the economic pain from the outbreak, which has prompted massive job losses and triggered the biggest quarterly decline in the nation’s GDP since the Great Recession.
Demand for new cars kicked into high gear this month as more riders skirt public transportation and ride-sharing services, according to one new index.
Polls show former Vice President Joe Biden leading the 2020 race for president, with CNN over the weekend suggesting his lead was the “steadiest” in any race with an incumbent “since at least 1944.” At the same time, experts say, Democrats would be remiss to place too much faith in those early numbers.
The demand for new vehicles jumped to an all-time high in May, according to TechnoMetrica’s Auto Demand Index.
New vehicle demand soared to a new all-time high in May, as more Americans, particularly those living in urban areas, turn to cars over public transportation and ride-sharing services amid concerns about contracting the coronavirus, according to the latest reading of TechnoMetrica’s Auto Demand Index, a monthly measure of Americans’ intent to acquire new vehicles in the next six months. As a result, automakers and dealers should prepare for strong pent-up demand for new vehicles once the economy reopens.
Americans’ stress related to their finances saw its largest decline in more than four years this month, easing off an 11-year high reached in April, as the federal government’s historic $2.2 trillion relief package helps soften the economic impact of the coronavirus outbreak for many households, and states move to relax lockdown measures, according to the May reading of the Investor’s Business Daily/TIPP Financial-Related Stress Index, a monthly measure of Americans’ views on the state of their finances. Despite the sharp drop, the index remains in negative territory for the third consecutive month, as job losses resulting from the coronavirus crisis continue to mount, fueling concerns over job security among the overall population.
New York (May 8) - The April jobs report printed down 20,500,000 fewer jobs, the worst most living Americans can recollect, although somewhat better than anticipated. Revisions for February (-45,000) and March (-169,000) netted an additional 214,000 fewer jobs.
President Donald Trump and presumptive Democratic presidential nominee Joe Biden would tie in Texas if the presidential election were held today, a poll shows.
President Donald Trump and former Vice President Joe Biden are locked in a tie, the new IBD/TIPP Poll finds. Joe Biden had led in every IBD/TIPP 2020 presidential election poll back to August, including a 6-point edge in early April.
As states reopen businesses, most Americans think it's too soon to end coronavirus shutdowns, the new IBD/TIPP Poll finds. Just 15% think governors should ease social distancing rules and allow businesses to reopen by May 1. Yet governors in more than half the states are beginning to partially reopen.
LOS ANGELES -- May 5, 2020 -- The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, rose by 4.0% in May after falling 11.3% in April and 9.9% in March. It remains in negative territory for the second consecutive month however, with a reading of 49.7. For the IBD/TIPP indexes, a reading below 50.0 indicates pessimism.
If you're keeping score at home, the tally is Raghavan Mayur 2, Karl Rove zero.
A lot of people are walking into Raghavan Mayur’s office in Ramsey these days to ask how he conducts polls.
In the cornucopia of pro-Clinton polling that preceded the 2016 presidential election, two polls stood out as outliers: the USC/LA Times tracking poll and the Investor's Business Daily/TIPP tracking poll.
All night long, we heard the news networks talk about how "all" the polls and pundits were wrong. They were saying that Clinton is underperforming expectations, and voters were coming out for Trump in numbers no one had expected.
With the 2016 election nearly upon us, the political world is once again awash with presidential polls. Many of them show very different things, with some showing Hillary Clinton ahead and others Donald Trump. They can't all be right. How can you tell which polls to trust?
Long before blogger Nate Silver shot to fame for his 2012 election predictions, there was Raghavan Mayur.
The venerated Gallup Poll took a beating this year for being such an outlier in its predictions of who would win the presidency, and the New York Times's Nate Silver has now served up further evidence that the firm has lost its mojo. Silver analyzed the results obtained by about two dozen top polling firms that ran multiple surveys in the last three weeks of the campaign and then ranked the pollsters based on their accuracy: Gallup came in dead last, with an average error of 7.2 points compared to the actual results.