THE STATE OF THE ECONOMY
After a record resurgence out of the depths of the coronavirus pandemic, the US economy has been struggling in recent months. The 2Q’22 US GDP report showed the economy contracted by -0.9% annualized, marking the second consecutive quarter of contraction. Recession or otherwise, the fact of the matter that the US economy is slowing down, much to the concern of voters.
The state of the US economy is the top concern among voters in the 2022 midterm elections, at 40% of respondents to a recent Gallup poll from June 2022: