In the 2024 US Presidential Election, Donald Trump secured a historic second term, defeating Democratic challenger Kamala Harris. The results revealed compelling demographic trends that shaped the outcome of the election.
Education Level and Voter Preference
The data suggests a stark divide in voter preferences based on education levels. Voters without a college degree showed a strong preference for Trump, with 54% backing him compared to 44% for Harris. In contrast, college graduates favored Harris by a significant margin, with 57% choosing her over Trump’s 41%.
Age and Voter Support
Younger voters aged 18-29 primarily supported Harris, with 55% casting their vote for her and 42% for Trump. This trend continued in the 30-44 age group, where Harris garnered 51% support while Trump received 46%. However, the trend shifted with older age groups. Voters between 45-64 years leaned towards Trump with 53% support, while Harris received 45%. The 65 and older age group was nearly evenly split, with Harris at 50% and Trump at 49%.
Racial and Gender Demographics
Racial demographics played a significant role in determining voter preferences. Black voters overwhelmingly supported Harris, with 86% favoring her, leaving just 12% for Trump. Among Hispanic/Latino voters, Harris received 53% of the vote, while Trump garnered 45%. Asian voters also leaned towards Harris, with 56% backing her and 38% favoring Trump. However, white voters strongly favored Trump, with 55% voting for him and 43% for Harris.
Gender also influenced voter choices. Male voters preferred Trump, with 54% voting for him compared to 44% for Harris. Conversely, female voters leaned towards Harris, with 54% supporting her and 44% for Trump.
Impact on the Indian Rupee
The outcome of the US election had immediate repercussions for the global economy, particularly impacting the Indian Rupee. On November 7th, the Indian Rupee plummeted to a record low of 84.29 against the US Dollar. This sharp depreciation was attributed to expectations that Trump’s second term would strengthen the US Dollar. Analysts believe that Trump’s economic policies, such as tax cuts and deregulation, could boost the US economy, making the dollar more attractive to investors. This, in turn, could put pressure on other currencies, including the Euro and Asian currencies, as reported by Reuters.
These exit poll figures, provided by Edison Research and the BBC, offer valuable insights into the demographic factors that shaped the voting landscape in the 2024 US Election. Trump’s victory, coupled with the observed demographic trends, has set the stage for a second Trump administration and has significant implications for the US and global economies. The weakening of the Indian Rupee is a stark reminder of the interconnectedness of global markets and the impact of US economic policies on developing economies.
