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Free AccessUS: Republicans' Electoral College Advantage Fading, NYT
The New York Times has published analysissuggesting that former President Donald Trump's Electoral College advantage, relative to the national popular vote "has declined significantly."
- Nate Cohen at the NYT notes that, "there’s growing evidence to support a surprising possibility: [Trump's] once formidable advantage in the Electoral College is not as ironclad as many presumed. Instead, it might be shrinking."
- The Times analysis is based on the difference between the national popular vote and the vote in the “tipping-point” state, which right now appears to be Wisconsin, according to the NYT polling averages.
- Trump's advantage in Wisconsin (roughly 1.8%) is only, "around one-fifth as large as it was four years ago, when President Biden fared 3.8 points better nationally than in Wisconsin."
- The Times analysis is at odds with conventional wisdom, but there has been recent speculation that the consensus position could begin to shift in the coming days if polling continues to throw out comparably tight national and swing state numbers.
- Nate Silver's election forecast model shows a 20% implied probability that Harris wins the popular vote but loses the Electoral College, suggesting that his data correlates with a larger Electoral College advantage for Trump.
- However, Silver's model views Pennsylvania as the most likely tipping point state and, considering Harris is 2.9% ahead in the national vote and only 1.8% ahead in Pennsylvania, Silver's numbers track relatively closely with Cohen's.
Figure 1: Electoral College Advantage
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Source: New York Times
To read the full story
Sign up now for free trial access to this content.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.