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    US economy grows despite persistent voter concerns

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    By News Desk on October 31, 2024 Business, Business Briefing, News Briefing, USA News, World News
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    • US economy grows despite persistent voter concerns
    • Economy grew 2.8% annual rate – slightly down from the previous quarter
    • Despite the news, Americans remain worried about the economy ahead of the election

    US economy grows despite persistent voter concerns 

    The US economy grew at a solid 2.8% annual rate in the third quarter, according to the Commerce Department, driven largely by consumer spending. While slightly down from the previous quarter’s 3% growth, the U.S. remains on track to outperform other major economies this year.

    Despite this economic strength, polls show Americans remain worried, with 62% describing the economy as “bad” due to recent price hikes—up about 21% over the past four years. The sentiment is striking as voters head to the polls, with many expressing concern over rising costs despite growth figures.

    In this high-stakes election, analysts suggest economic sentiment may not carry the same weight as in past races. Polls show opinions on the economy are sharply divided by party lines: 61% of Democrats view it positively, compared to only 13% of Republicans. As a result, analysts believe partisan loyalty may play a larger role than economic performance in shaping this year’s election outcome.

    https://beautiful-jemison.213-165-92-225.plesk.page/kamala-harris-distances-herself-from-bidens-comments/

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