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Inflation Addendum: Politics and Consumer Expectations in Metro and Non-Metro Areas

Author

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  • Coppess, Jonathan
  • Kalaitzandonakes, Maria
  • Ellison, Brenna

Abstract

In the upcoming presidential election, affordability and inflation are at the top of the public’s priority list (e.g., Saad, March 29, 2024; YouGov, August 13, 2024). Expectations about inflation are likely to remain important through November. For more than two years and across ten quarterly surveys of American consumers, the Gardner Food and Agricultural Policy Survey (GFAPS) has devoted significant attention to inflation and the increased costs of food (see, farmdoc daily, August 25, 2022; September 1, 2022; December 1, 2022; December 8, 2022; January 19, 2023; September 11, 2023; June 10, 2024; June 17, 2024; June 24, 2024; August 26, 2024; September 16, 2024). Research has found that inflation hits rural households harder and impacts them in different ways—much of it having to do with transportation costs—than urban or non-rural households (see e.g., D. Peters, July, 2022; S. Peters, September 2, 2022; Ivanova, December 2, 2021). To explore this issue further, we analyze U.S. consumers’ expectations for inflation across metro and non-metro areas, connecting the issue to consumers’ political preferences.

Suggested Citation

  • Coppess, Jonathan & Kalaitzandonakes, Maria & Ellison, Brenna, 2024. "Inflation Addendum: Politics and Consumer Expectations in Metro and Non-Metro Areas," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 14(172).
    • Handle: RePEc:ags:illufd:358434
    DOI: 10.22004/ag.econ.358434
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    References listed on IDEAS

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    1. José D. Pacas & David W. Rothwell, 2020. "Correction to: Why is Poverty Lower in Rural America According to the Supplemental Poverty Measure? An Investigation of the Geographic Adjustment," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 39(5), pages 977-977, October.
    2. repec:ags:aaea22:343887 is not listed on IDEAS
    3. Nemerever, Zoe & Rogers, Melissa, 2021. "Measuring the Rural Continuum in Political Science," Political Analysis, Cambridge University Press, vol. 29(3), pages 267-286, July.
    4. José D. Pacas & David W. Rothwell, 2020. "Why is Poverty Higher in Rural America According to the Supplemental Poverty Measure? An Investigation of the Geographic Adjustment," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 39(5), pages 941-975, October.
    5. Oliver Bachmann & Klaus Gründler & Niklas Potrafke & Ruben Seiberlich, 2021. "Partisan bias in inflation expectations," Public Choice, Springer, vol. 186(3), pages 513-536, March.
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