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2026-11-02 19:12:25
[Midterm Elections Approaching, US Voters' Economic Sentiment is Low] ⑴ On the eve of the election, inflation continues to outpace wage growth, making the high cost of living a top issue for voters. People attribute inflation to tariffs and Middle East conflict policies. ⑵ Economic data is mixed: the unemployment rate has remained below 4.5% for five consecutive years, Q3 GDP grew at an annualized rate of 3.4%, and AI has driven a surge in corporate investment; however, residents' overall sentiment remains pessimistic. ⑶ Two major confidence indices show a clear divergence: the Conference Board index has slightly rebounded, while Michigan consumer confidence is nearing a historical low. The latter better reflects personal financial pressure and has a greater impact on votes. ⑷ A strong stock market supports consumption among high-income groups, but ordinary families are squeezed by inflation, resulting in strong overall public discontent.
