The Zhitong Finance App learned that as the US election gets closer, the US economy is showing a rare boom on the eve of any presidential election in modern history. The unemployment rate has fallen to its lowest point in more than 20 years, gasoline prices are relatively moderate, and inflation has improved. In the context of US President Joe Biden's announcement that he is not seeking re-election, although Vice President Kamala Harris may not be able to fully enjoy all the political dividends of her term, the recent strong economic performance has certainly added a boost to her, while also weakening one of the core campaign arguments against Republican candidate Donald Trump.

The Zhitong Finance App learned that as the US election gets closer, the US economy is showing a rare boom on the eve of any presidential election in modern history. The unemployment rate has fallen to its lowest point in more than 20 years, gasoline prices are relatively moderate, and inflation has improved. In the context of US President Joe Biden's announcement that he is not seeking re-election, although Vice President Kamala Harris may not be able to fully enjoy all the political dividends of her term, the recent strong economic performance has certainly added a boost to her, while also weakening one of the core campaign arguments against Republican candidate Donald Trump.