CNBC Survey Finds Americans More Pessimistic on Economy as Trump Approval Slips
The survey found 47% are cutting back on essentials and two-thirds on nonessentials, while Trump’s economic approval fell to 38%, officials said.
- On Friday, the CNBC All-America Economic Survey reported that 61% of Americans are pessimistic about the economy, with 60% disapproving of President Donald Trump's economic performance.
- Rising fuel costs and persistent inflation drive this dissatisfaction, with AAA reporting the average American gas price at $3.98 per gallon, 10 cents higher than one week ago.
- Consumer spending shifts reveal 47% of Americans are cutting back on essentials like food and medical care, while two-thirds are reducing non-essential expenditures such as dining out.
- Despite dissatisfaction, President Trump's overall approval rating stands at 40%, yet Democrats lead Republicans by only four points on the generic congressional ballot.
- With midterm elections approaching in four months, pollsters describe a sharply divided electorate locked into partisan stances, suggesting economic gloom may not produce a decisive partisan wave.
23 Articles
23 Articles
The US economic pessimism has reached the highest level since the end of 2023, shows a CNBC survey, which also indicates an increase in dissatisfaction with how President Donald Trump manages the economy, inflation and cost of living.
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The Independent reports a majority of Americans now say they’re less likely to support a candidate who espouses MAGA sentiment or follows the lead of President Donald Trump -- which spells disaster for the Republican Party in November.“With just over 100 days until the midterm elections, a new poll finds Americans feeling as badly about the U.S. economy and feeling less enthused than candidates with MAGA as part of their campaign,” said Independ…
The Independent
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The New York Ledger
PressNewsAgencyTrump’s Net Approval Rating On The Economy Hits All-Time Low Of -22
July 17Trump had a 40% approval rating and 59% disapproval rating, a one-point decline in his net approval rating from April, and a 38%/60% approval/disapproval rating on the economy, for a net approval rating of -22, his worst marks on the economy of his political career in CNBC polling (the latest survey of 1,000 voters was conducted July 8-12 and has a margin of error of 3.1). The survey found 61% said they are pessimistic about the state of…
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