Here's how the economy is doing in the handful of counties that could decide the election
Like the nation as a whole, the economic fortunes of the counties poised to decide November’s election are starting to show early signs of distress.
Like the nation as a whole, the economic fortunes of the counties poised to decide November’s election are starting to show early signs of distress.
From Reno, Nevada, to the Midwest to the suburbs of Atlanta, unemployment rates that were recently at all-time lows have begun to creep back up. Meanwhile, housing costs have exploded in these regions, creating divides between homeowners and renters.
In other words, these seven counties — part of NBC News’ “The Deciders” project — are microcosms of the U.S. economy writ large.
This article also uses the NBC News Home Buyer Index, which looks at cost, competition, scarcity and economic instability to determine how difficult it is to buy in every county across the U.S. Judged on a scale of 0-100, a higher value indicates a higher difficulty. The national score is 85.3.
Many of these “decider” counties enjoy a diverse economic base and dynamic population that will position them to better withstand a more severe downturn. In nearly every case, these counties have lower unemployment rates than the current national average of 4.3%. Most also saw population inflows during the pandemic that, while putting pressure on local housing markets, signaled they maintain persistently desirable qualities.
Rating: 5