I applaud AIER for coming right out and saying, "The improvement in consumer expectations has been linked to the presidential election, ...". It will probably take some time, however, to determine just what those links are and how much impact they actually have. From my observations in SC, the biggest change I'm seeing is the notoriously intangible "attitude change", basically summed up as "optimism".
The surge in the stock market since the election is not news to AIER members. The thing that has impressed me here is the surge in real estate sales. My mother has four properties under contract since the election. This follows over a one year period of no sales. Her prices did not change. Interest rates went up, but that may not be relavent, since all of her buyers are cash buyers. Nothing major happened in her area, such as a new manufacturing plant moving in. The properties consist of lake resort lots, a subdivision lot, and a timber tract. The only apparent thing that changed is the prospect of new policies coming out of Washington, DC.
I would be curious to know if other members are encountering high levels of optimism in their areas.