SCE PUBLIC POLICY SURVEY
August Survey: Consumers See Higher Likelihood of Increases in Welfare and Unemployment Benefits, State and Federal Minimum Wage
- The August survey showed declines in average expectations (measured as the average likelihood of an expansion minus the average probability of a reduction) for increases in housing assistance, federal student aid, Medicare benefits, social security benefits, mandatory paid parental leave, and public transportation.
- Average expectations rose, meanwhile, for increases in federal welfare benefits, unemployment benefits, and the federal and state minimum wage.
- The average perceived likelihoods of decreases in the gasoline tax, the capital gains tax, and public college tuition rose in August.
- Average expectations for an increase in the mortgage interest tax deduction and the payroll tax rate rose, while expectations for the average income tax rate declined.
About:
The SCE Public Policy Survey is fielded every four months as a rotating module of the Survey of Consumer Expectations (SCE). The data are updated online as results come in.
