Next US president set to inherit an economic hodgepodge

Despite finances 'in rude health'

Sorin-Andrei Dojan
clock • 5 min read

The state of the US economy remains a debated topic among experts and White House contenders, as Americans head to the polls to elect their next president.

A major factor in the outcome of the presidential election between US Vice President Kamala Harris and Republican nominee Donald Trump will be perceivably how well the US economy has done in the past four years under current President Joe Biden, and which economic vision voters align themselves with. Recent macroeconomic indicators suggest some positive progress, with the US GDP having expanded by 2.8% in the third quarter of 2024, according to data released by the Bureau of Economic Analysis on Wednesday (30 October). While the latest GDP figures came in below analysts' expectations,...

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