Commentary Californians are bullish again. That is the result of the most recent consumer sentiment survey among Californians conducted by Claremont McKenna College and Chapman University. Indeed, the scores for questions related to business conditions—both nationally and how they will affect families’ economic situation—are both at their highest levels since the survey among 2,000 randomly selected Californians began in early 2018. Growing Consumer Sentiment Among Californians Even though the California economy grew at a 3.7 percent pace during second-quarter 2018 and a 3.5 percent pace during third-quarter 2018, the survey shows that today’s economic hype is even stronger. An additional 20 percent of Californians are excited about the prospects for U.S. business conditions next year than they were three years ago, when the economy was doing well under the Trump-era tax reductions and reductions in regulations. Simultaneously, an additional 9 percent of Californians are excited about business conditions’ affect on …
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