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August 28, 2024

DESERET: 3 Out of 4 Utahns Say the U.S. Economy on the Wrong Track

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3 Out of 4 Utahns Say the U.S. Economy on the Wrong Track, Many Worry About Household Finances: Deseret News

3 Out of 4 Utahns Say the U.S. Economy on the Wrong Track, Many Worry About Household Finances: Deseret News

Originally published on June 20, 2024, 8:30 p.m. MDT by Deseret News' Samuel Benson.

Less than five months ahead of the 2024 presidential election, Utah voters are unhappy with their own financial situations — and it’s shaping who they plan to support in November.

Almost half of Utah voters (48%) say their personal financial situation is currently getting worse, while only 19% say it is improving, according to a new Deseret News/Hinckley Institute of Politics poll conducted by HarrisX. The results mirror the shares of voters who say they will support President Joe Biden or former President Donald Trump: 49% of Utahns plan to support Trump, while 20% back Biden, according to the poll.

The results continue a national trend of pessimism about the U.S. economy, even as inflation decreases and unemployment remains low — but interest rates and household debt near record highs.

When Utah voters were asked which issues are most impactful to their vote, financial issues were the most frequent responses: price increases and inflation (24%), and the economy and jobs (21%). Another 13% said immigration was their top issue; 11% said “family values, morality, or faith.”

The poll was conducted by HarrisX among 857 registered Utah voters from June 6-7, and has a margin of error of plus or minus 3.4 percentage points.

Read Full Article At Deseret.com