What do you believe is the single most important factor driving up the cost of living in Nigeria?

American consumers view the economic impact of both trade and immigration more critically now than in 2020, according to the University of Michigan Surveys of Consumers.

Consumers with less education, income and wealth hold much more negative views of trade than other consumers. Partisan gaps in opinions on trade are relatively modest: 69% of Democrats believe more trade benefits the economy, while 46% of Republicans agree, with Independents in the middle at 55%.

Surveys this year since May have asked consumers whether the economic policies debated by the presidential candidates would benefit or harm prospects for future growth in the overall economy.

The questions, which were also asked prior to the 2020 and 2016 presidential elections, focused on three economic policies—trade, immigration and taxing the wealthy to reduce income inequality. Consumers were asked questions about their perceptions of the economic consequences of the policies, with no reference to other possible factors voters might consider.

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