Economy 2024
Follow the latest Economy 2024 news, videos, and analysis from ABC News.
6 minutes ago

China stocks sink as investors dump shares after recent rallies, while other Asian markets gain

Chinese shares have plunged again, with Shanghai's benchmark down 6.6% and Hong Kong's losing 1.5%
6 minutes ago
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Wednesday, Oct. 9, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)
October 8, 2024 at 1:14 PM

Inflation has returned to normal. What does that mean for the election?

Inflation has fallen dramatically but remains a top concern for voters.
October 8, 2024 at 1:14 PM
High price of Eggs in store, Queens, New York.
October 2, 2024 at 10:15 PM

Trump and Harris both want a manufacturing boom. Their plans show stark differences.

Manufacturing accounts for about 10% of U.S. gross domestic product.
October 2, 2024 at 10:15 PM
Former President and Republican presidential nominee Donald Trump listens to questions during a Town Hall event, Sept. 27, 2024, in Warren, Mich. Vice President and Democratic nominee for President Kamala Harris speaks at an event, Sept. 25, 2024, in Pittsburgh.
September 30, 2024 at 2:19 PM

Economy is key, margins small in latest polling: 538

538’s Galen Druke discusses where Donald Trump and Kamala Harris are leading in the 20204 presidential election.
September 30, 2024 at 2:19 PM
VIDEO: Economy is key, margins small in latest polling: 538
September 24, 2024 at 6:02 PM

Trump holds campaign event in Georgia to discuss economic plan

Former President Donald Trump touted his economic plan for if he were to win back the White House in battleground state Savannah, Georgia.
September 24, 2024 at 6:02 PM
VIDEO: Trump holds campaign event in Georgia to discuss economic plan
September 17, 2024 at 5:51 PM

Trump-Harris debate: Experts explain what to watch for on the economy

The economy often ranks as the top priority among voters.
September 17, 2024 at 5:51 PM
Republican presidential nominee and former President Donald Trump and Vice President and Democratic presidential candidate Kamala Harris.
1 month ago

Where the 2024 presidential candidates stand on the economy

From inflation to housing costs, the candidates lay out their plans for the U.S. economy.
1 month ago
Economy
1 month ago

Economists assess Harris-Trump debate attacks over inflation, tariffs

The Harris-Trump debate opened with an exchange over the economy, a top priority for voters.
1 month ago
This combination of photos shows Republican presidential nominee former President Donald Trump, left, and Democratic presidential nominee Vice President Kamala Harris during an ABC News presidential debate, Sept. 10, 2024, in Philadelphia.
1 month ago

Harris breaks with Biden on capital gains tax in plan to spur small business growth

Kamala Harris unveiled a vastly expanded $50,000 tax benefit for new small businesses and a lower long-term capital gains tax than that proposed by Joe Biden.
1 month ago
Democratic presidential nominee Vice President Kamala Harris speaks during a campaign stop at the Throwback Brewery,  Sept. 4, 2024, in North Hampton, N.H.
1 month ago

How the economy will sway voters in battleground Pennsylvania

Some have seen their finances improve over the last four years. Others say they are not better off.
1 month ago
Ben McDuffee of Lewisburg, Penn., looks on while his 11-year-old son plays with legos. Aug. 13, 2024.
2 months ago

Economic anxiety weighs on swing state voters

ABC News’ Elizabeth Schulze travels from blue-leaning Philadelphia to deep-red Lewisburg, Pennsylvania, asking voters if they’re better off economically than four years ago.
2 months ago
VIDEO: Economic anxiety weighs on swing state voters
2 months ago

Breaking down the Trump, Harris economic proposals

ABC News’ Alexis Christoforous discusses the policy differences between the presidential candidates.
2 months ago
VIDEO: Breaking down the Trump, Harris economic proposals
2 months ago

Democrats aim to show voters they can help environment, economy simultaneously

Climate change doesn't rank high on voters according to the polls, but Democrats hope to change that at the DNC.
2 months ago
VIDEO: Democrats aim to show voters they can help environment, economy simultaneously
2 months ago

Fact-checking Harris 'opportunity economy' agenda

She proposed a crackdown on grocery "price gouging" and for more housing units.
2 months ago
VIDEO: Fact-checking Harris 'opportunity economy' agenda
2 months ago

Housing expert Ralph McLaughlin discusses Kamala Harris' economic plan

Vice President Kamala Harris will soon detail a new economic policy that will include down-payment assistance for new homebuyers.
2 months ago
VIDEO: Housing expert Ralph McLaughlin discusses Kamala Harris' economic plan
2 months ago

'Absolutely bad idea': Some economists oppose Trump's proposal on interest rates

Donald Trump recently said the president should have a role in setting interest rates but some economists say that's a bad idea.
2 months ago
Former President Donald Trump speaks during a press conference at his Mar-a-Lago estate in Palm Beach, FL, Aug. 08, 2024.
2 months ago

If the US economy is strong, why are so many Americans struggling?

Inflation, debt and rising costs are overshadowing low unemployment and a strong GDP.
2 months ago
Inflation, debt and rising costs are overshadowing low unemployment and a strong GDP.
2 months ago

What is Tim Walz's record on the economy? Look at Minnesota

Minnesota Gov. Tim Walz has backed labor protections and raised taxes on some corporations.
2 months ago
Democratic vice presidential nominee Minnesota Gov. Tim Walz arrives on stage to deliver remarks before Democratic presidential nominee Vice President Kamala Harris, at a campaign event, Aug. 7, 2024, in Eau Claire, Wisc.
3 months ago

This Florida county is struggling with inflation and housing costs. Voters don't trust either party to fix it.

The 2024 presidential election in Duval County, Florida, could be decided by inflation and housing costs.
3 months ago
Jacksonville has experienced some of the steepest increases in cost of living in the country since the pandemic.
3 months ago

Biden's vs. Trump's economy

ABC News business correspondent Alexis Christoforous breaks down the numbers for both candidates and their past standings.
3 months ago
VIDEO: Biden's vs. Trump's economy
3 months ago

What economists say about Biden being blamed for inflation

A pandemic-era supply bottleneck is the main culprit, economists said.
3 months ago
Virginia Gov. Glenn Youngkin speaks during the first day of the Republican National Convention, July 15, 2024, in Milwaukee.
3 months ago

Some Republicans blame Biden for inflation, but it's not that simple

Though pandemic-era spending measures enacted by both Biden and Trump hold some blame, they're far from the only reasons for inflation.
3 months ago
Though pandemic-era spending measures enacted by both Biden and Trump hold some blame, they're far from the only reasons for inflation.
3 months ago

Economy worries remain top of mind for Black men in Michigan

For many in Saginaw, Michigan, a town less than two hours north of Detroit, the once-thriving hub for the auto industry is now a shell of itself.
3 months ago
Michigan residents cast their ballots in the Michigan primary election on August 2, 2022 in Bloomfield Hills, Michigan.
4 months ago

It's not just vibes. Americans' perception of the economy has completely changed.

Why Americans feel bad about the economy even though economic data is strong.
4 months ago
High costs may partially explain Americans' dissatisfaction with the economy.
4 months ago

Skyrocketing child care costs show how inflation could impact 2024 election

U.S. families spend an average of $11,000 on child care each year.
4 months ago
Children attend Teddy Bear College, a child care center in Bensalem, Penn.
5 months ago

Interest rates may stay high for longer. Here’s what it means for the 2024 election.

The Fed has cast doubt over a previous forecast of interest rate cuts.
5 months ago
President Joe Biden delivers remarks on the CHIPS and Science Act at the Milton J. Rubenstein Museum,  April 25, 2024, in Syracuse, N.Y.
5 months ago

Voters don't like Biden's economy — but why?

Voters aren't happy with Biden's handling of the economy, but can't really explain why.
5 months ago
President Joe Biden applauds at the conclusion of the White House Correspondents' Association Dinner, April 27, 2024, in Washington. D.C.
6 months ago

Blockbuster jobs report defies Americans' lukewarm feelings about economy

The U.S. added 303,000 jobs in March, far surpassing economists' expectations.
6 months ago
In this undated stock photo, two construction workers are seen climbing a metal frame.
7 months ago

Biden seizes on Trump floating 'cutting' related to Social Security to curb the debt

President Joe Biden and his reelection campaign have seized on former President Donald Trump's comments about entitlements in an interview Monday on CNBC
7 months ago
Donald Trump arrives for a campaign event in Rome, Georgia, on March 9, 2024.
7 months ago

Inflation is falling, but these Michigan Biden voters say 'it does not feel like' it

Biden voters in Michigan speak about how inflation and prices influence their dour views of the economy ahead of the 2024 election
7 months ago
Teresa Johnson, a single mother in Grand Rapids, Michigan, pinches pennies at the grocery shopping as the rising cost of food has made it more difficult for her to stay in budget.
8 months ago

Red state economies are surging under Biden. Here's why.

Red states make up an overwhelming majority of the top-performing states, ABC found.
8 months ago
President Joe Biden speaks during the National Association of Counties legislative conference, Feb. 12, 2024, in Washington.
8 months ago

Biden and Trump would handle the economy very differently. Here's how.

The economy is the top concern among voters, an ABC News/Ipsos poll found.
8 months ago
This combination of pictures created on Oct. 22, 2020 shows former President Donald Trump (L) and President Joe Biden during the final presidential debate at Belmont University in Nashville, Tenn., on Oct. 22, 2020.
9 months ago

Immigration, the economy and foreign policy could decide the New Hampshire primary

Republicans in the Granite State are generally more moderate than those in Iowa, but their top issues are largely aligned with those of the national party.
9 months ago
Polls show that New Hampshire Republicans are most worried about immigration, the economy and foreign policy.
9 months ago

Here's where the 2024 presidential candidates stand on the economy

As inflation continues to slow but interest rates remain high, each candidate has their own solution for the economy.
9 months ago
As inflation continues to slow but interest rates remain high, each candidate has their own solution for the economy.
10 months ago

What could interest rate cuts mean for the 2024 election?

Rate cuts make borrowing less expensive, potentially boosting the economy.
10 months ago
The busy dining room at Claudio's Table Restaurant,  Nov. 3, 2023, in Washington, D.C.
1 year ago

Trump edges out Biden 51-42 in head-to-head matchup: POLL

The president's ratings for the economy and immigration are at career lows, according to the latest ABC News/Washington Post poll.
1 year ago
President Joe Biden speaks in the White House Rose Garden for an event on gun violence in the nation, on Sept. 22, 2023, in Washington, D.C.
1 year ago

White House sees 2024 opportunity in 'Bidenomics' pitch, despite economic pessimism

Biden’s reelection pitch is shaping up around one word -- Bidenomics -- as he bets he'll benefit with voters by hitching his political image to the state of the economy
1 year ago
President Joe Biden delivers remarks at Camp David, Aug. 18, 2023 in Camp David, Md.