FT Poll: Americans voice economic woes three months before elections

Three months before the November elections, a significant portion of American voters express pessimism about their personal finances, according to a Financial Times poll. The survey reveals a growing discontent with the current administration's handling of the economy and the rising cost of living.

The national poll, conducted by Focaldata, found that over 53% of registered voters feel their financial situation has deteriorated since January 2025. This sentiment is not confined to a single political group; nearly 57% of independent voters and approximately a quarter of Republicans also reported a worsening economic outlook.

Furthermore, the poll suggests a shift in voter confidence regarding economic management. Voters appear to place more trust in Democrats than Republicans to tackle inflation and the cost of living. This is particularly notable as economic issues and employment traditionally favor the Republican party.

The findings highlight challenges for the incumbent party as the election approaches. While recent inflation figures for July showed a slower rate of increase due to falling fuel costs, the overall inflation rate of 3.4% remains higher than when the previous administration left office. Consumer sentiment has also dipped, with Americans reportedly cutting back on spending amid high prices, and real wages have declined in the past month, according to government data. The mid-term elections are often viewed as a referendum on the sitting president's performance, regardless of whether the president is on the ballot.