A man looks at frozen foods for sale at a Dollar Store in Alhambra, California, on August 23, 2022. – U.S. shoppers are facing ever-higher prices for everyday goods and services as inflation continues to rise with high prices for food, gasoline and housing. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)
(NewsNation) – Most Americans remain concerned about inflation, and for many, the economy will determine who they vote for in the 2024 election, according to a new NewsNation/Decision Desk HQ poll released Monday.
About 90% of voters said they are “very” (57%) or “somewhat” (32%) worried about inflation, and 46% of respondents think it is a bigger problem than immigration (29 %) and crime (17%). and unemployment (8%).
The findings suggest that despite progress made against inflation over the past year, Americans are still suffering from rising prices.
59% of Americans don't want a Biden-Trump rematch in 2024: poll
The economy could be the decisive issue in 2024
Looking ahead to the 2024 election, a majority of respondents (40%) said the economy was the most important factor in their vote, followed by immigration (17%) and abortion (8%).
The economy was the top issue across the political spectrum, with 46% of Republicans, 46% of Independents and 31% of Democrats ranking it first.
However, there were party political differences, particularly at the border.
Republicans (31%) and independents (12%) were more likely to say immigration was the top issue that would determine their vote, while Democrats favored abortion (14%) and climate change (11%).
The latest survey also examined Americans' views on the economy, which remain largely pessimistic.
Almost 47% of respondents said they were worse off financially compared to last year, while 20% were better off, while 33% said their situation had not changed.
When it comes to the question of whether the U.S. is on the right or wrong path, two-thirds of respondents believe the country is on the wrong path, including 89% of Republicans and 72% of independents. Democratic respondents were slightly more likely to say the right way (43%) than the wrong way (38%).
The somber mood is underscored by the fact that most Americans (59%) are not excited about a potential rematch between former President Donald Trump and President Joe Biden in 2024.
Inflation: When will prices return to “normal”? Maybe never.
Context: Americans remain pessimistic, although somewhat less so
Voters are not happy with the economy, but the latest poll shows they are doing slightly better than last year.
The percentage of people who see inflation as the biggest problem has fallen from 55% last May to 46% now, according to a NewsNation/Decision Desk HQ poll. Republicans have driven this change. 47% of them now think immigration is a bigger problem, up from 30% in May.
Compared to last spring, fewer people believe the country is on the wrong track and voters are less likely to say they are “very concerned” about inflation. Last week, consumer sentiment reached its highest level since July 2021.
It remains to be seen how the economy will change before Americans go to the polls in November, but as of today, voters expect Trump (43%) to defeat Biden (33%), according to the NewsNation/Decision Desk HQ poll resulted.
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