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From Home Furnishing Business
FastFact: Do Election Years Spur Industry Growth? And does it carry over to the first year of office?
July 11,
2016 by in Economic News, Industry
During the 80s and 90s, with the exception of Ronald Reagan’s second term, the first year of a president’s four-year term experienced higher furniture industry growth than the previous election year.
But, in recent elections, the economic momentum of the election year did not carry over to the first year of a presidency. What will happen if this trend continues?
Read the entire factoid here.