Between 2015 and the last quarter of 2024, the trend was up and down so anyone saying it was consistently down wasn't looking at numbers.
The consistent downward trend took off after Q4 2024. Since then it has been a steady downward trend for six quarters. At no point prior to that since 2016 has the trend been the same direction for that many quarters. I find that significant.
Sure, maybe we shouldn't get too excited until the gap between D+D leaning I's and R+R leaning I's hits 15 points (that is, a bigger gap than any time since 1991), but I see the current trend as quite significant -- and a good sign. And while the current D+D leaning I's isn't as high as in 2008, I also find it significant that the number of R+R leaning I's is at the same low level of 39% -- lowest since 1991 at least.
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