The United States presidential election of 1992 was the 52nd quadrennial presidential election. It was held on Tuesday, November 3, 1992. There were three major candidates: Incumbent Republican President George H. W. Bush; Democratic Arkansas Governor Bill Clinton, and independent Texas businessman Ross Perot.
Bush had alienated much of his conservative base because he broke his 1988 campaign pledge against raising taxes, the economy was in a recession, and Bush's perceived greatest strength, foreign policy, was regarded as much less important following the dissolution of the Soviet Union and the relatively peaceful climate in the Middle East after the defeat of Iraq in the Gulf War.
Clinton won a plurality in the popular vote, and a wide Electoral College margin. The election was a significant realigning election after three consecutive Republican victories by decisive margins, as well as five Republican victories out of the previous six presidential elections. The Democratic Party picked up and maintained strong support in the Northeast, the Great Lakes region, and the West Coast. Also, Clinton won only four states of the former Confederacy, the fewest for a victorious Democrat up to that point, reaffirming that those states and the broader region had changed from being solidly Democratic to significantly supporting the Republican party. Likewise, a number of states in the Northeast and Upper Midwest that had previously been friendly to Republicans voted Democratic and have consistently done so since. This is also the most recent election in which a sitting president lost reelection.