Economics

Republicans Win House by Narrow Margin, Fair Predicts

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Democrats may lose control of the U.S. House of Representatives in the November elections after contests that will be closer than polls suggest, according to Yale University economist Ray Fair.

Fair, who has developed a formula using economic data that would have correctly predicted all but three presidential elections since 1916, projects that Democrats will get 49.3 percent of the national vote in this year’s congressional races.