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.
- Released Friday, the CNBC All-America Economic Survey finds 61% of the public pessimistic about the economy and future, with 60% disapproving of President Donald Trump's handling of economic issues.
- Jay Campbell, partner at Hart Research, notes that consumers still pay significantly more than two years ago, making "When gas prices drop 50 cents for a month, that's just not enough to make up the difference."
- In response to higher prices, 47% of the public report cutting back on essential items like food and medical care, up six points from April, while two-thirds are reducing non-essentials like eating out.
- Self-Identified MAGA candidates face significant headwinds, with 57% of the public unlikely to support them this year as voters prioritize housing and food costs ahead of upcoming midterm elections.
- Despite economic dissatisfaction, Republicans and Democrats remain "locked into" their parties, Micah Roberts, partner at Public Opinion Strategies, notes, with voters expecting things to get worse by a 41/29% margin.
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
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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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