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Economic concerns They were at the forefront of American voters’ minds as they cast their ballots Tuesday in key elections across the country.
New York City Voters captured Democratic Socialist candidate Zoohran Mamdani as the next Mayor of Apple. Voters chose a duo of Democratic Congresswomen in the gubernatorial race, with Mikie Sherrall in New Jersey and Abigail Spanberger winning in Virginia, while Californians voted to allow a partisan re-run.
Economic problems were a focal point for Americans of several key races, and voters had an optimistic view of the economy, according to economists, according to FOX News Voter Analysis (FNVA).
Here’s a look at some of the FNVA’s key findings about voters’ views of the economy in key elections from Tuesday.
Economic concerns were uppermost in the minds of American voters on Tuesday. (Melissa Sue Gerrits/Getty Images)
The Fed is cutting lending rates for the second time this year amid weakness in the labor market
Economic Conditions
Most of the respondents 64% answer for FNVA New York City’s The economy is “not good or poor,” and 33% say it is “very bad or good.”
A similar view was present in California, with the Golden State’s economy rating neither very good nor poor, compared to 37% who rated it good or good.
New Jersey voters were more optimistic, as 58% of respondents said the economy was bad or poor, while 40% called it Best or good.
The voters of Virginia were too cunning for them World Economywith 58% rating it as very good or good planning and 39% calling it bad or poor.
Household finances
between New Jersey62% of FNVA respondents said their family’s financial situation is strong, but 23% said they are falling behind, and 12% said they are starting ahead. Virginia voters’ feelings about their family finances were similarly divided.
California voters They were fairly comfortable with their financial situation, with 59% saying they were holding on, 29% falling behind and 11% coming forward.
A couple uses a laptop on a table in their home. (Stock / istock)
New York City voters expressed similar sentiments but were more optimistic, with the FNVA finding that 59% felt their money was tight while 22% said they were falling behind and 17% said they were moving forward.
Government releases banned release of key GDP data – What do the Fed’s models say about economic growth?
Doing more than you should
While Rate of inflation Reduced significantly from the 40-year 9.1% reached on June 20.1
Labor’s September Credit Price Index showed that Headline CPI inflation rose 3% year-on-year, the highest rate since January as Pass-Pasplays suppressed prices and forced consumer prices higher.
American voters are still worried about the cost of living and high inflation. (Photos by Robert Nickelsberg/Getty Images)
In New York City, FNVA found that a majority of voters said the cost of living was the top problem facing the big apple. Of those voters, 66% cast their votes for Mamdani, while 29% voted for New York Gov. Andrew Cuomo.
Power
A majority of voters in New Jersey identify electricity costs as an important issue in the election, with 28% naming it as a major issue and 28% as a minor issue for FNVA.
According to the September CPI report, Energy prices rose 2.8% last year, and electricity costs rose 5.1% last year.
Inflation remained above the Fed’s target in September before the decision to cut the rate
Of the lamb
Concerns about housing costs were important among New York City voters, with 84% saying housing costs where they live “is a big or small problem” with a 53% edge among those voters in the FNVA.
Housing costs are still forcing some at home to live in holes. (Elijah nouvelage/Bloomberg via Getty Images)
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The September CPI report found home prices rose 3.6% from a year earlier, with renters and householders rising 7.5% from a year earlier.
