Economy 2024
Follow the latest Economy 2024 news, videos, and analysis from ABC News.
June 25, 2024 at 4:34 PM

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.
June 25, 2024 at 4:34 PM
Michigan residents cast their ballots in the Michigan primary election on August 2, 2022 in Bloomfield Hills, Michigan.
June 19, 2024 at 1:11 PM

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.
June 19, 2024 at 1:11 PM
High costs may partially explain Americans' dissatisfaction with the economy.
1 month 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.
1 month ago
Children attend Teddy Bear College, a child care center in Bensalem, Penn.
2 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.
2 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.
2 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.
2 months ago
President Joe Biden applauds at the conclusion of the White House Correspondents' Association Dinner, April 27, 2024, in Washington. D.C.
3 months ago

Blockbuster jobs report defies Americans' lukewarm feelings about economy

The U.S. added 303,000 jobs in March, far surpassing economists' expectations.
3 months ago
In this undated stock photo, two construction workers are seen climbing a metal frame.
4 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
4 months ago
Donald Trump arrives for a campaign event in Rome, Georgia, on March 9, 2024.
4 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
4 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.
5 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.
5 months ago
President Joe Biden speaks during the National Association of Counties legislative conference, Feb. 12, 2024, in Washington.
5 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.
5 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.
5 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.
5 months ago
Polls show that New Hampshire Republicans are most worried about immigration, the economy and foreign policy.
6 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.
6 months ago
As inflation continues to slow but interest rates remain high, each candidate has their own solution for the economy.
7 months ago

What could interest rate cuts mean for the 2024 election?

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

Where the 2024 presidential candidates stand on the economy

From inflation to military spending to housing costs, the candidates lay out their plans for the U.S. economy.
7 months ago
Economy
8 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.
8 months ago
Inflation, debt and rising costs are overshadowing low unemployment and a strong GDP.
9 months 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.
9 months 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.
9 months 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
9 months ago
President Joe Biden delivers remarks at Camp David, Aug. 18, 2023 in Camp David, Md.