--- title: "4. Latinos’ ratings of the U.S. economy and their top economic concerns" description: "Ahead of the 2024 presidential election, Latino voters ranked the economy as the top issue in their vote. Meanwhile, Donald Trump made improving economic conditions a central part of his campaign message. But nearly a year into Trump’s second term, most Latinos rate the economy negatively. And 61% say that Trump’s policies have made the […]" date: "2025-11-24" authors: - name: "Carolyne Im" job_title: "Research Analyst" link: "https://www.pewresearch.org/staff/carolyne-im/" - name: "Luis Noé-Bustamante" job_title: "Research Associate" link: "https://www.pewresearch.org/staff/luis-noe-bustamante/" url: "https://www.pewresearch.org/race-and-ethnicity/2025/11/24/latinos-ratings-of-the-u-s-economy-and-their-top-economic-concerns/" categories: - "Hispanics/Latinos" --- # 4. Latinos’ ratings of the U.S. economy and their top economic concerns Ahead of the 2024 presidential election, Latino voters ranked the economy as the [top issue in their vote](https://www.pewresearch.org/race-and-ethnicity/2024/09/24/in-tight-u-s-presidential-race-latino-voters-preferences-mirror-2020/#top-issues-for-latino-harris-and-trump-supporters-in-2024). Meanwhile, Donald Trump made improving economic conditions a central part of [his campaign message](https://www.cbsnews.com/news/donald-trump-platform-policy-positions-2024/). But nearly a year into Trump’s second term, most Latinos rate the economy negatively. And 61% say that Trump’s policies have made the economy worse. Another 22% say his policies haven’t had much effect, while a smaller share say they’ve made the economy better (15%). These findings come from a nationally representative, bilingual Pew Research Center survey that included 629 U.S. Latino adults, conducted Sept. 22-28, 2025. *This is the fourth of six detailed sections in a report on Latinos’ views of Trump’s second administration and their situation in the country. For Latinos’ views of their personal financial situation, visit *[*Chapter 3*](https://www.pewresearch.org/race-and-ethnicity/2025/11/24/the-state-of-latinos-finances-outlook-experiences-preparedness-for-a-financial-downturn/)*. For a summary of the report’s findings, visit the *[*overview*](https://www.pewresearch.org/race-and-ethnicity/2025/11/24/majorities-of-latinos-disapprove-of-trump-and-his-policies-on-immigration-economy/)*.* ### Most Latinos rate the economy negatively and don’t think it will improve As of September 2025, 78% of Hispanic adults say economic conditions today are only fair or poor, while 22% say conditions are excellent or good. Looking forward, views on the future of the economy also lean more negative than positive. About half (49%) say that in the next year, they expect economic conditions to worsen, while smaller shares think it’ll improve (28%) or stay the same (23%). [![](https://www.pewresearch.org/wp-content/uploads/sites/20/2025/11/RE_2024.11.24_latinos-trump-policies_4-01.png)](https://www.pewresearch.org/?attachment_id=281439) Latino Republicans and Republican-leaning independents hold very different views on the economy than Democrats and Democratic leaners – and they have shifted in the last year. Some 40% of Hispanic Republicans rate the economy positively, and 56% think it will improve in the next year – up considerably from 2024. Among Hispanic Democrats, views have shifted in the opposite direction. Some 11% each rate the economy positively and think it will improve, down from 2024. These differences among Latino partisans parallel [differences among partisans overall](https://www.pewresearch.org/short-reads/2025/10/03/most-americans-continue-to-rate-the-us-economy-negatively-as-partisan-gap-widens/) in the U.S. Among all Republicans, views have grown more optimistic since last year on both current and future economic conditions. Among all Democrats, views have grown more pessimistic. ### Most Hispanics continue to be concerned about the price of food, goods and housing [![](https://www.pewresearch.org/wp-content/uploads/sites/20/2025/11/RE_2024.11.24_latinos-trump-policies_4-02.png)](https://www.pewresearch.org/?attachment_id=281440) The September survey asked Latinos about a range of economic issues such as consumer prices, the state of the job market and how the stock market is doing. About two-thirds of Latinos say they’re very concerned about the price of food and consumer goods (67%) and the cost of housing (65%). These continue to be the issues that most Latinos have been concerned about since last year. Roughly half also say they’re worried about the price of gas and energy (53%) and people who want to work being unable to find jobs (50%). On each of these issues, Latino Democrats are more likely than Latino Republicans to express concern. For example, 80% of Latino Democrats are very concerned about the price of food and consumer goods, compared with roughly half of Latino Republicans.[] --- **Next:** [5. What Latinos think about the Trump administration’s deportation efforts](https://www.pewresearch.org/race-and-ethnicity/2025/11/24/what-latinos-think-about-the-trump-administrations-deportation-efforts.md)