Trump’s Economic Approval Falls to All-Time Low in New CNBC Survey Ahead of Midterms
A new CNBC All-America Economic Survey finds 65 percent of Americans disapprove of President Trump’s handling of the economy, an all-time low, with less than two weeks before the November 3 midterm election.
President Donald Trump’s approval rating on the economy has fallen to an all-time low, with 65 percent of Americans disapproving of his handling of the issue, according to the latest CNBC All-America Economic Survey released Thursday.
The survey of 1,000 registered voters found eight in ten Americans rate the economy as fair or poor, the highest share since December 2023. The poll also showed voters prefer Democratic control of Congress by a 52 to 45 percent margin, a three-point gain for Democrats since July.
Pessimism spreads to Republicans
The gloom is not limited to Democrats and independents. Thirty-five percent of Republicans now say they are pessimistic about the economy, up six points from July and the highest level recorded during either of Trump’s two terms, according to the survey.
Overall, 63 percent of the public says it is pessimistic about current economic conditions and the outlook. Democratic voters also report higher engagement: 72 percent say they are highly interested in the midterm election, compared with 62 percent of Republicans.
Cost of living leads voter concerns
Jay Campbell, partner at Hart Associates, the Democratic pollster for the survey, said the results show “things moving either away from Republicans or toward Democrats, depending how you want to look at it, in a way that would make me very nervous if I was leading Republican campaigns leading into these last two weeks.”
Trump’s overall approval held steady at 40 percent, according to the survey. The poll also found that most respondents say Democrats would do a better job on corruption, food and gas costs, and management of the economy.
Reporting based on coverage by CNBC, via TradersUnion and AzerNEWS.
