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Expand chart
Data: University of Michigan; Chart: Connor Rothschild/Axios

Consumer sentiment is trending higher for Democrats, while tumbling for Republicans, according to survey data released Friday by the University of Michigan.

Why it matters: Economic conditions have trended higher nationally, but only half feel good about it.

What they’re saying: "It is yet another sign of the depth of political polarization that is, if anything, becoming more entrenched," ING economist James Knightley tells Axios.

  • "If a booming economy that is creating jobs and wealth can’t be recognized across the divide, then I’m not sure what else can. We are going to have to brace for a very long period of political strife."

Go deeper

Producer prices are still moving up as inflation concerns linger

Data: FRED; Chart: Axios Visuals

Producer prices increased by more than expected in August, a reminder that inflation pressures continue to linger in the economy.

Why it matters: Producer prices reflect what businesses pay for the materials that go into the goods they eventually sell to their customers. While businesses will make an effort to absorb some of those higher costs, they'll pass some of the costs on through consumer price hikes.

Bryan Walsh, author of Future
1 hour ago - Health

Public health messaging lessons for the next pandemic

Illustration: Megan Robinson/Axios

"Be first, be right, be credible" is the mantra of public health experts in a crisis. It's difficult to argue that the health community has regularly managed to be any of those three during COVID-19.

Why it matters: A pandemic isn't just a medical emergency — it's also a communications emergency. The U.S. public health establishment, hamstrung by bad data and political interference, has struggled with the latter.

How Hertz is fighting to stay relevant

A Hertz car rental counter in the Miami International Airport. (Photo by Joe Raedle/Getty Images)

In the span of less than a week, Hertz has made three big strategic moves intended to keep the car rental giant from fading into oblivion.

Why it matters: Ride-hailing and other mobility innovations are rapidly changing the way people get from A to B, posing an existential threat to traditional car rental services.