BELOW SUPERNAV drop zone ⇩

Inflation the top issue for more than half of Americans: Poll

  • Prices remain high, consumers continue to feel the strain on their wallets
  • Poll: 52% believe inflation is bigger than unemployment, immigration, crime
  • Expert: "The reality is that American consumers are feeling pinched"

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

CHICAGO (NewsNation) — Inflation remains a top issue for voters ahead of the 2024 presidential election, according to the latest NewsNation/Decision Desk HQ poll.

While the Biden administration has been touting significant improvements to getting Americans back to work since the pandemic, prices are still high and consumers continue to feel the strain on their wallets.

It’s front of mind for a solid majority of the U.S., as 92% of respondents said they are concerned about inflation.

In fact, 52% of Americans believe inflation is a bigger problem facing the United States today than unemployment, immigration and crime, poll data found.

With the holiday season in full swing, prices are still up about 19% since the pandemic and the National Retail Federation expects holiday spending to increase between 3 and 4% — the smallest year-over-year growth in the past three years.

A big reason behind the pause on spending is that 50% of Americans believe they are worse off financially than they were a year ago.

Daniel Roccato, a finance professor at the University of San Diego, said consumers can’t be fooled when the products they normally purchase are still more expensive than they were just two years prior.

“There’s a gap between reality and perception, and the reality is that American consumers are feeling pinched. We’ve had over two and a half years of inflation above where the Fed wants it and consumers are reminded of that inflation on a daily basis when they fill their grocery carts, when they buy diapers, when they buy a happy meal for their kids,” Roccato said.

He continued, “That’s the reality. And then, no matter how much marketing or spin the political elite want to put on it, the reality is that consumers are pretty smart.”

Inflation will likely be a key point of discussion during the fourth GOP primary debate on Wednesday, which will be hosted by NewsNation.

The remaining Republican candidates vying for the nomination will have to answer as to how they plan on addressing this top voter concern.

2024 Debates

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Clear

la

53°F Clear Feels like 53°
Wind
0 mph WNW
Humidity
59%
Sunrise
Sunset

Tonight

Partly cloudy. Low 49F. Winds light and variable.
49°F Partly cloudy. Low 49F. Winds light and variable.
Wind
2 mph NNE
Precip
1%
Sunset
Moon Phase
Waning Crescent