2026-02-05 21:06:13
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Birth rates in the U.S. have been declining for decades, but that decline has hit some states faster than others.
The projections in this visualization are from SmartAsset, who analyzed results from U.S. Census Bureau’s 2024 1-Year American Community Survey. The number shown for each state represents births per 1,000 people, and is based on most recent fertility rate data and state demographics.
Utah ranks first in the nation, with an estimated 9.7 babies born per 1,000 people each year. The state’s relatively young population plays a major role, as younger adults are more likely to be in childbearing years. Cultural and religious influences also contribute, with larger family sizes remaining more common than in many other states.
| Rank | State | Babies Born per Year | Babies per 1K (2025) |
|---|---|---|---|
| 1 | Utah | 34,119 | 9.7 |
| 2 | Colorado | 54,758 | 9.2 |
| 3 | North Dakota | 7,131 | 9.0 |
| 4 | Texas | 278,232 | 8.9 |
| 5 | Massachusetts | 63,418 | 8.9 |
| 6 | Washington | 70,008 | 8.8 |
| 7 | California | 344,395 | 8.7 |
| 8 | New York | 172,797 | 8.7 |
| 9 | Georgia | 97,122 | 8.7 |
| 10 | Alaska | 6,426 | 8.7 |
| 11 | Tennessee | 62,290 | 8.6 |
| 12 | Arizona | 65,206 | 8.6 |
| 13 | Rhode Island | 9,551 | 8.6 |
| 14 | North Carolina | 94,761 | 8.6 |
| 15 | Illinois | 108,268 | 8.5 |
| 16 | Indiana | 58,520 | 8.5 |
| 17 | Oklahoma | 34,549 | 8.4 |
| 18 | Michigan | 84,608 | 8.3 |
| 19 | Kansas | 24,778 | 8.3 |
| 20 | Missouri | 52,014 | 8.3 |
| 21 | Nevada | 27,188 | 8.3 |
| 22 | Nebraska | 16,680 | 8.3 |
| 23 | Virginia | 73,022 | 8.3 |
| 24 | Idaho | 16,537 | 8.3 |
| 25 | Oregon | 35,188 | 8.2 |
| 26 | Alabama | 42,365 | 8.2 |
| 27 | Kentucky | 37,683 | 8.2 |
| 28 | Louisiana | 37,731 | 8.2 |
| 29 | Ohio | 97,391 | 8.2 |
| 30 | New Mexico | 17,435 | 8.2 |
| 31 | Arkansas | 25,154 | 8.1 |
| 32 | Iowa | 26,390 | 8.1 |
| 33 | Connecticut | 29,915 | 8.1 |
| 34 | Mississippi | 23,909 | 8.1 |
| 35 | Maryland | 50,618 | 8.1 |
| 36 | Wisconsin | 48,031 | 8.1 |
| 37 | South Carolina | 44,076 | 8.0 |
| 38 | New Jersey | 76,381 | 8.0 |
| 39 | Minnesota | 46,316 | 8.0 |
| 40 | Pennsylvania | 104,399 | 8.0 |
| 41 | Delaware | 8,212 | 7.8 |
| 42 | Montana | 8,862 | 7.8 |
| 43 | Hawaii | 11,216 | 7.8 |
| 44 | Florida | 180,880 | 7.7 |
| 45 | New Hampshire | 10,856 | 7.7 |
| 46 | South Dakota | 7,080 | 7.7 |
| 47 | Wyoming | 4,491 | 7.6 |
| 48 | West Virginia | 13,400 | 7.6 |
| 49 | Vermont | 4,884 | 7.5 |
| 50 | Maine | 10,436 | 7.4 |
Texas and California rank near the top both in absolute and relative terms. California is projected to see more than 340,000 births per year, while Texas exceeds 278,000. On a per-capita basis, both states are driven by younger populations and higher shares of immigrants.
States in the Northeast and parts of the Midwest tend to rank lower. Maine, Vermont, and West Virginia sit near the bottom, with fewer than eight babies born per 1,000 people annually. Older populations, higher living costs, and delayed family formation all play a role.
If you enjoyed today’s post, check out Countries With the Biggest Gains in Life Expectancy on Voronoi, the new app from Visual Capitalist.
2026-02-05 14:44:28
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Salaries across European countries vary widely, with the contrast especially apparent between Eastern and Western Europe.
While some European workers earn salaries comparable to those in the United States, others take home less than €20,000 (roughly $23,700) a year, highlighting the wide income gap within Europe’s economy.
This visualization shows the average annual full-time salary in every European country in 2024, using data from Eurostat and the OECD. OECD figures have been converted to euros using 2024 exchange rates.
Luxembourg ranks first in Europe, with an average full-time salary of around €83,000, also placing it among the highest-paying countries in the world.
Besides being driven by high-paying industries such as IT and finance, Luxembourg also uses a wage indexation system that automatically adjusts salaries in line with inflation to maintain purchasing power.
Here’s a look at average full-time salaries across 31 European nations:
| Rank | Country | Average full-time salary in 2024 (euros) |
|---|---|---|
| 1 |
Luxembourg |
€82,969 |
| 2 |
Iceland |
€77,189 |
| 3 |
Switzerland |
€75,062 |
| 4 |
Denmark |
€71,565 |
| 5 |
Norway |
€64,029 |
| 6 |
Ireland |
€61,051 |
| 7 |
Belgium |
€59,632 |
| 8 |
Austria |
€58,600 |
| 9 |
Netherlands |
€58,248 |
| 10 |
Germany |
€53,791 |
| 11 |
United Kingdom |
€51,657 |
| 12 |
Finland |
€49,428 |
| 13 |
Sweden |
€46,525 |
| 14 |
France |
€43,790 |
| 15 |
Slovenia |
€35,133 |
| 16 |
Spain |
€33,700 |
| 17 |
Italy |
€33,523 |
| 18 |
Malta |
€33,499 |
| 19 |
Lithuania |
€29,104 |
| 20 |
Cyprus |
€27,611 |
| 21 |
Estonia |
€26,546 |
| 22 |
Portugal |
€24,818 |
| 23 |
Czechia |
€23,998 |
| 24 |
Croatia |
€23,446 |
| 25 |
Latvia |
€22,262 |
| 26 |
Poland |
€21,246 |
| 27 |
Romania |
€21,108 |
| 28 |
Slovakia |
€20,287 |
| 29 |
Hungary |
€18,461 |
| 30 |
Greece |
€17,954 |
| 31 |
Bulgaria |
€15,387 |
Iceland ranks second among Europe’s highest-paying countries with the average worker taking home just over €77,000. The country has also has strong union coverage, with around 90% of all employees covered by a trade union—potentially allowing for greater leverage in wage negotiations.
Several Nordic and Western European countries also rank highly. Switzerland, Denmark, and Iceland all report average salaries above €70,000 per year. Meanwhile, Germany and France—Europe’s two largest economies—sit near the middle, with average full-time wages of €53,791 and €43,790, respectively.
Moving south and east within Europe, average salaries drop significantly.
While Southern European countries such as Spain, Italy, and Portugal cluster closer to the €30,000 mark, Eastern European nations sit at the bottom of the ranking. Bulgaria reports Europe’s lowest average full-time salary at just €15,387, preceded by Greece, Hungary, Slovakia, and Romania.
However, while headline salaries are useful for comparison, they don’t tell the full story. Countries with higher wages also tend to have higher living costs, especially for housing, childcare, and services. Meanwhile, lower-wage countries often benefit from cheaper housing and everyday expenses, partially offsetting income gaps.
How have median incomes changed in the world’s largest economies from 1994 to 2024? Find out in this visualization on Voronoi.
2026-02-05 03:08:04
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Unlike gold, silver plays a dual role as both a monetary metal and an industrial input, making it especially sensitive to shifts in supply, demand, and investor sentiment.
This chart highlights four major silver price rallies between 1965 and 2026, showing how quickly prices can surge during periods of economic stress or market disruption. Prices shown are not adjusted for inflation, and 2026 figures reflect data as of February 2, 2026.
The data for this visualization comes from Macrotrends and Kitco.
Maybe the most notorious silver rally occurred between 1979 and 1980. During this period, billionaire brothers Nelson and William Hunt attempted to corner the silver market by amassing physical silver and futures contracts.
| Period / Rally | Start Price (USD) | Intrayear Peak Price | Percentage Gain |
|---|---|---|---|
| 1979–1980 Hunt Brothers | $7.69 | $49.45 | 543% |
| 2009–2011 Post-Financial Crisis | $12.59 | $49.47 | 293% |
| 2020 Pandemic Rally | $14.16 | $29.26 | 107% |
| 2025–2026 All-time High | $29.00 | $121.67 | 320% |
At their peak, the Hunts controlled nearly one-third of global silver supply. Prices surged from $7.69 to $49.45 per ounce in just one year, a gain of 543%. The rally ultimately collapsed after regulatory intervention, leading to sharp losses and long-lasting market reforms.
Silver’s next major rally followed the 2008 global financial crisis. As central banks introduced aggressive monetary stimulus and interest rates fell, investors sought hard assets as a hedge against currency debasement.
Between 2009 and 2011, silver prices climbed from $12.59 to $49.47 per ounce, a 293% gain over two years.
The COVID-19 pandemic sparked another sharp rally in 2020, with prices rising 107% in a single year.
However, the most dramatic move came this year, when silver surged from $29 at the beginning of 2025 to a new all-time high above $121 in February 2026.
China’s tighter controls on silver exports constrained global supply, while escalating geopolitical tensions increased demand for safe-haven assets.
If you enjoyed today’s post, check out All of the World’s Silver Reserves by Country, in One Visualization on Voronoi, the new app from Visual Capitalist.
2026-02-04 23:36:17
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For decades, the U.S. stood as the global leader in research and development (R&D) spending, however, China is increasingly challenging the scientific balance of power.
Backed by rapid growth and strategic investment, China’s share of global R&D has surged from 4.0% in 2000 to 27.4% in 2024. South Korea and India are also increasing their R&D presence, helping push Asia to the forefront of global innovation.
This graphic shows R&D spending by country, based on data from the World Intellectual Property Organization.
Below, we rank countries by their R&D spending (in purchasing power parity-adjusted constant 2015 U.S. dollars):
| Ranking | Country | R&D Spending 2024 |
Global Share | R&D Spending (% of GDP) |
|---|---|---|---|---|
| 1 |
China |
$785.9B | 27.4% | 2.7% |
| 2 |
U.S. |
$781.8B | 27.2% | 3.5% |
| 3 |
Japan |
$186.0B | 6.5% | 3.5% |
| 4 |
Germany |
$132.2B | 4.6% | 3.1% |
| 5 |
South Korea |
$126.4B | 4.4% | 5.3% |
| 6 |
UK |
$86.5B | 3.0% | 2.8% |
| 7 |
India |
$75.7B | 2.6% | 0.7% |
| 8 |
France |
$65.8B | 2.3% | 2.2% |
| 9 |
Türkiye |
$43.2B | 1.5% | 1.4% |
| 10 |
Brazil |
$38.4B | 1.3% | 1.2% |
| 11 |
Russia |
$38.1B | 1.3% | 0.9% |
| 12 |
Canada |
$33.2B | 1.2% | 1.8% |
| 13 |
Italy |
$32.5B | 1.1% | 1.3% |
| 14 |
Spain |
$29.0B | 1.0% | 1.5% |
| 15 |
Israel |
$26.5B | 0.9% | 6.3% |
| 16 |
Australia |
$25.1B | 0.9% | 1.9% |
| 17 |
Netherlands |
$23.0B | 0.8% | 2.2% |
| 18 |
Switzerland |
$20.8B | 0.7% | 3.3% |
| 19 |
Belgium |
$19.9B | 0.7% | 3.3% |
| 20 |
Sweden |
$19.9B | 0.7% | 3.6% |
| 21 |
Egypt |
$16.4B | 0.6% | 1.0% |
| 22 |
Austria |
$15.6B | 0.5% | 3.3% |
| 23 |
Thailand |
$15.1B | 0.5% | 1.2% |
| 24 |
Singapore |
$11.7B | 0.4% | 1.9% |
| 25 |
UAE |
$11.4B | 0.4% | 1.5% |
| 26 |
Denmark |
$10.4B | 0.4% | 3.0% |
| 27 |
Malaysia |
$10.2B | 0.4% | 1.0% |
China ranks first globally, spending $785.9 billion on R&D in 2024.
Much of that investment is shaped by China’s centralized funding model, where a large share of research flows through government labs aligned with national priorities such as energy, biotech, and frontier technologies.
The U.S. ranks second at $781.8 billion. Unlike China, American R&D is driven primarily by the private sector, with Amazon, Alphabet, and Meta among the world’s largest corporate R&D investors.
Together, China and the U.S. R&D investment account for 54.7% of the global total.
Japan ranks a distant third, investing $186.0 billion in 2024. Since 2000, its share of global R&D has fallen by 7.2 percentage points, the second-largest decline after the U.S. Toyota has long led corporate R&D spending in Japan, with Honda also investing heavily.
Europe also places three countries in the global top 10, including Germany (#4), the UK (#6), and France (#8). However, each has seen its share of global R&D shrink since 2000.
Still, there are bright spots. In 2024, EU corporate R&D investment rose 13.0% in healthcare, while energy surged 19.8%, outpacing growth in China, the U.S., and Japan.
To learn more about this topic, check out this graphic on the Global Innovation Index in 2025.
2026-02-04 21:02:48
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Global imports are valued at approximately 28% of GDP, with trillions of dollars in goods and services moving across borders each year.
In dozens of countries, imports exceed 50% of GDP, especially in trade-oriented nations and smaller economies. While elevated ratios are common in major trade hubs like Singapore and Hong Kong, they can also signal a heavier reliance on imported food and commodities.
This graphic shows import reliance by country, based on data from the World Bank.
Import dependence has become a central issue in foreign policy, as many countries work to de-risk their supply chains.
Among the biggest focus areas are critical minerals and advanced semiconductors. Beyond this, European countries have ramped up renewable energy to reduce reliance on Russian oil. As a whole, imports account for 46% of GDP across EU countries.
Below, we show goods and services imports as a share of GDP by country, with data as of 2024 (or the latest data available):
| Rank | Country | Imports as a Share of GDP (%) |
|---|---|---|
| 1 |
Hong Kong SAR |
178 |
| 2 |
Luxembourg |
160 |
| 3 |
San Marino |
155 |
| 4 |
Singapore |
144 |
| 5 |
Djibouti |
115 |
| 6 |
Nauru |
111 |
| 7 |
Seychelles |
103 |
| 8 |
Ireland |
102 |
| 9 |
Kiribati |
102 |
| 10 |
Malta |
100 |
| 11 |
Somalia |
99 |
| 12 |
Lesotho |
99 |
| 13 |
Cyprus |
93 |
| 14 |
UAE |
92 |
| 15 |
Slovak Republic |
86 |
| 16 |
Timor-Leste |
85 |
| 17 |
Kyrgyz Republic |
84 |
| 18 |
Vietnam |
84 |
| 19 |
Cuba |
82 |
| 20 |
Marshall Islands |
82 |
| 21 |
Palau |
80 |
| 22 |
Belgium |
80 |
| 23 |
Mauritius |
78 |
| 24 |
Maldives |
78 |
| 25 |
Armenia |
76 |
| 26 |
Aruba |
76 |
| 27 |
Estonia |
75 |
| 28 |
Slovenia |
75 |
| 29 |
North Macedonia |
75 |
| 30 |
Lebanon |
74 |
| 31 |
Cambodia |
72 |
| 32 |
Kosovo |
72 |
| 33 |
Micronesia |
71 |
| 34 |
Netherlands |
71 |
| 35 |
Hungary |
71 |
| 36 |
Solomon Islands |
71 |
| 37 |
Bahrain |
70 |
| 38 |
Mongolia |
70 |
| 39 |
Lithuania |
69 |
| 40 |
Namibia |
68 |
| 41 |
Latvia |
67 |
| 42 |
Belarus |
67 |
| 43 |
Thailand |
67 |
| 44 |
Montenegro |
66 |
| 45 |
Malaysia |
66 |
| 46 |
Tonga |
65 |
| 47 |
Czechia |
63 |
| 48 |
Switzerland |
62 |
| 49 |
Denmark |
61 |
| 50 |
West Bank and Gaza |
60 |
| 51 |
Brunei Darussalam |
58 |
| 52 |
Serbia |
58 |
| 53 |
Nicaragua |
58 |
| 54 |
Honduras |
58 |
| 55 |
Moldova |
57 |
| 56 |
Jordan |
57 |
| 57 |
Libya |
57 |
| 58 |
Guinea |
56 |
| 59 |
Tunisia |
56 |
| 60 |
Georgia |
56 |
| 61 |
Croatia |
55 |
| 62 |
Bosnia and Herzegovina |
54 |
| 63 |
Cabo Verde |
54 |
| 64 |
Bulgaria |
54 |
| 65 |
Belize |
54 |
| 66 |
Eswatini |
54 |
| 67 |
Bhutan |
53 |
| 68 |
Austria |
53 |
| 69 |
Mozambique |
53 |
| 70 |
Mauritania |
52 |
| 71 |
El Salvador |
52 |
| 72 |
DR Congo |
52 |
| 73 |
Sweden |
52 |
| 74 |
Faroe Islands |
51 |
| 75 |
Greenland |
51 |
| 76 |
Afghanistan |
51 |
| 77 |
Morocco |
50 |
| 78 |
Macao SAR |
50 |
| 79 |
Taiwan |
49 |
| 80 |
Samoa |
49 |
| 81 |
Oman |
49 |
| 82 |
Tajikistan |
48 |
| 83 |
Ukraine |
48 |
| 84 |
Poland |
48 |
| 85 |
Greece |
48 |
| 86 |
French Polynesia |
46 |
| 87 |
Portugal |
44 |
| 88 |
Botswana |
44 |
| 89 |
Iceland |
44 |
| 90 |
Senegal |
43 |
| 91 |
Albania |
43 |
| 92 |
Puerto Rico (US) |
43 |
| 93 |
Romania |
42 |
| 94 |
Finland |
42 |
| 95 |
Bahamas |
41 |
| 96 |
Congo |
40 |
| 97 |
South Korea |
40 |
| 98 |
Philippines |
40 |
| 99 |
Paraguay |
40 |
| 100 |
Panama |
39 |
| 101 |
Rwanda |
39 |
| 102 |
Kuwait |
38 |
| 103 |
Uzbekistan |
38 |
| 104 |
Mexico |
38 |
| 105 |
Germany |
38 |
| 106 |
Azerbaijan |
37 |
| 107 |
Comoros |
34 |
| 108 |
Ghana |
34 |
| 109 |
France |
34 |
| 110 |
Norway |
34 |
| 111 |
Gambia |
33 |
| 112 |
Iraq |
33 |
| 113 |
Nepal |
33 |
| 114 |
Spain |
33 |
| 115 |
Costa Rica |
33 |
| 116 |
Canada |
33 |
| 117 |
Qatar |
32 |
| 118 |
Burkina Faso |
32 |
| 119 |
United Kingdom |
32 |
| 120 |
Madagascar |
32 |
| 121 |
Guatemala |
31 |
| 122 |
Central African Republic |
31 |
| 123 |
Malawi |
31 |
| 124 |
Italy |
30 |
| 125 |
Chile |
30 |
| 126 |
South Africa |
30 |
| 127 |
Dominican Republic |
29 |
| 128 |
New Caledonia |
29 |
| 129 |
Iran |
29 |
| 130 |
Zambia |
28 |
| 131 |
Gabon |
27 |
| 132 |
Mali |
27 |
| 133 |
Turkiye |
27 |
| 134 |
Guinea-Bissau |
27 |
| 135 |
Ecuador |
27 |
| 136 |
New Zealand |
26 |
| 137 |
Israel |
26 |
| 138 |
Uganda |
26 |
| 139 |
Kazakhstan |
26 |
| 140 |
Saudi Arabia |
26 |
| 141 |
Bolivia |
26 |
| 142 |
Equatorial Guinea |
25 |
| 143 |
Cote d'Ivoire |
25 |
| 144 |
Uruguay |
24 |
| 145 |
Japan |
24 |
| 146 |
India |
23 |
| 147 |
Zimbabwe |
23 |
| 148 |
Sierra Leone |
23 |
| 149 |
Egypt, |
23 |
| 150 |
Bermuda |
23 |
| 151 |
Kenya |
23 |
| 152 |
Peru |
23 |
| 153 |
Niger |
23 |
| 154 |
Australia |
23 |
| 155 |
Sri Lanka |
23 |
| 156 |
Benin |
22 |
| 157 |
Tanzania |
22 |
| 158 |
Colombia |
21 |
| 159 |
Indonesia |
20 |
| 160 |
Algeria |
20 |
| 161 |
Angola |
19 |
| 162 |
Haiti |
19 |
| 163 |
Cameroon |
19 |
| 164 |
Chad |
18 |
| 165 |
Brazil |
18 |
| 166 |
Russia |
18 |
| 167 |
Pakistan |
17 |
| 168 |
China |
17 |
| 169 |
Bangladesh |
16 |
| 170 |
United States |
14 |
| 171 |
Argentina |
13 |
| 172 |
Ethiopia |
12 |
| 173 |
Turkmenistan |
11 |
| 174 |
Venezuela |
9 |
| 175 |
Sudan |
1 |
Hong Kong has the highest import-to-GDP ratio in the world at 178%, driven largely by its role as a major re-export hub.
More than half of these re-exported goods originate in China, passing through Hong Kong before being shipped to the rest of the world. In total, the value of Hong Kong’s re-exports exceeds half a trillion dollars.
Singapore, with an import-to-GDP ratio of 144%, is similarly a key re-export—or entrepôt—economy.
Meanwhile, island nations such as Cyprus, Cuba, and Taiwan tend to be more import-dependent due to limited domestic production. In Cuba, up to 80% of food is imported, mainly from the Netherlands and Spain.
Moreover, Taiwan is heavily reliant on imported energy, with most of its oil shipped from the Middle East. The country also imports billions of dollars’ worth of oil derivatives from Russia, which are essential inputs in semiconductor manufacturing.
In North America, Mexico has the highest import-to-GDP ratio at 38%, followed by Canada at 33%. Despite recording $3.4 trillion in imports in 2024, the U.S. has the sixth-lowest import dependence globally, at 14%, given the sheer size of its economy and diverse domestic production.
Also sitting at the bottom are Sudan (1%) and Venezuela (9%), where ongoing crises and corruption have severely disrupted trade flows.
To learn more about this topic, check out this graphic on the world’s biggest exporters.
2026-02-04 02:47:03
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Political identity in the U.S. is changing, and the divide is increasingly generational.
Younger Americans are stepping away from traditional party labels, while older generations remain more closely tied to the two-party system.
This visualization shows how political affiliation varies across generations, highlighting the growing role of independents in American politics.
The data comes from Gallup. It is based on annual averages from Gallup’s telephone interviews, asking respondents whether they identify as Republican, Democrat, or independent. “No opinion” responses are excluded, and figures may not total 100% due to rounding.
A majority of both Generation Z and Millennials identify as independents. Among Gen Z, 56% say they are independent, compared with just 17% identifying as Republican and 27% as Democrat. Millennials show a similar pattern, with 54% identifying as independent.
| Political Affiliation | Republican | Independent | Democrat |
|---|---|---|---|
| Generation Z (born 1997-2007) | 17% | 56% | 27% |
| Millennials (born 1981-1996) | 21% | 54% | 24% |
| Generation X (born 1965-1980) | 31% | 42% | 25% |
| Baby boomers (born 1946-1964) | 34% | 33% | 32% |
| Silent Generation (born before 1946) | 37% | 30% | 32% |
Political affiliation becomes more evenly split among older generations. Generation X shows a more balanced distribution, with 31% Republican, 25% Democrat, and 42% independent. Among Baby Boomers, party identification nearly overtakes independence altogether.
The Silent Generation is the most partisan group, with roughly seven in 10 identifying as either Republican or Democrat. This cohort came of age during periods when party affiliation was more stable and closely tied to identity, such as the New Deal era and the Cold War.
The rise of independents among younger generations has major implications for elections and governance. While independents may still lean toward one party, their lack of formal affiliation makes voter behavior less predictable. It also complicates messaging for political parties trying to mobilize younger voters.
If you enjoyed today’s post, check out The Distribution of Income in America (2024 vs 1974) on Voronoi, the new app from Visual Capitalist.