Transitioning to year-round DST is uniting Republicans and Democrats. But the economic benefits are murky, at best.
But the economic benefits of year-round DST may be murkier than its supporters suggest, according to PNC economist Kurt Rankin, who looked into studies about time shifts and their impact on the economy. First off, there's not much available research on the issue, at least when compared with other aspects of the economy such as wages or inflation. And the existing research is limited in scope, raising questions about what the national economic impact would be.
, which in 2016 found that consumer spending dropped 3.5% after the end of daylight saving time in November. That suggests some consumers pare their spending when there's one less hour of daylight at the end of the day for them to shop or do errands.
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