Plus, an SOS about America’s children and families, and investments to emerging markets.
| Trump won counties representing a minority share of national GDP In the 2020 U.S. election, Donald Trump won 2,564 counties representing just 29% of the national GDP, compared to the 71% share in the 520 mostly urban counties won by Joe Biden. While a similar trend unfolded in 2024, Trump made notable gains which expanded the Republican economic base. In a new analysis, Mark Muro and Shriya Methkupally discuss the 2024 election results and the implications for America’s economic divide. |
A key point Trump’s winning base in 2,523 counties represents 87% of the nation’s total counties but 40% of the nation’s GDP. Kamala Harris’ losing base of 376 counties represents 60% of the GDP. |
More research and commentary An SOS about America’s children and families. The incoming Trump administration will have an opportunity to push legislation through Congress that can lower prices for all Americans—especially working families. Sweta Shah and Kathy Hirsh-Pasek highlight three policy areas to focus on. Geopolitics and emerging market capital flows. The rise in geopolitical risk and mounting trade tensions should have a counterpart in financial deglobalization, as investors pull back from trouble spots around the world. Robin Brooks examines the trends. |
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