"The data shows that Hispanic Republicans are optimistic about their personal finances in the future and the economic outlook of the U.S. with the win of Mr. Trump while Hispanic Democrats are pessimistic," said Monica Escaleras, Ph.D., director of the BEPI. "This gain in consumer confidence among Republican Hispanics from October to December is likely based on their optimism for the policy changes that will take place with the new president. He can expect to enjoy a honeymoon period among Hispanic Republican consumers."
When asked to look ahead a year into the future and consider how they and their family would fare financially, after the election only 59 percent of Hispanic Democrats thought they would be better off, compared to 80 percent in October. Once again, Hispanic Republicans saw things differently post-election, with 89 percent saying they would be better off financially a year from now, compared with only 65 percent in October.
Turning to business conditions as a whole, 70 percent of Hispanic Republicans think the next 12 months will bring the country financially good times, up 12 points since October. Only 58 percent of Hispanic Democrats expect economic good times in the coming year, down 10 points from before the presidential election.
The survey was conducted nationally from Dec. 1 through Dec. 31. The polling sample consisted of 500 Hispanics with a margin of error of +/- 4.33 percent and a 95 percent confidence level.
For more information, visit www.business.fau.edu/bepi.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/national-fau-poll-shows-hispanics-divided-along-party-lines-in-their-opinions-on-economic-outlook-and-personal-finances-300388934.html
SOURCE FAU Business and Economics Polling Initiative