Recent data reveals a significant decline in Americans’ approval of President Donald Trump’s economic management, with only 36% expressing satisfaction. This figure comes from the latest NPR/PBS News/Marist poll, marking the lowest rating in six years. In stark contrast, during Trump’s initial term, economic performance was viewed as a strength.
Approval Ratings Shift
The poll indicates a troubling shift in public perception. Democrats now hold a slight edge over Republicans regarding economic stewardship, with 37% of respondents expressing trust in Democrats compared to 33% in Republicans. This represents a dramatic reversal from the 16-point lead Republicans had back in 2022.
Key Poll Findings
- 36% of Americans approve of Trump’s economic handling.
- Approval ratings have dropped among vital demographics: 49% of rural residents and 48% of white women without college degrees disapprove of Trump’s economic policies.
- In suburban areas, disapproval is at 60% compared to 33% approval.
- Trump’s overall job approval stands at 38%, the lowest of his second term.
The political landscape shows just 30% of independents and 8% of Democrats approving Trump’s management, while 84% of Republicans remain supportive. However, this support has dipped by five points in the last month.
Economic Concerns
The rising cost of living emerged as the foremost concern for many Americans. When asked about their biggest economic worry, 45% cited high prices. Housing concerns followed at 18%, while tariffs and job security were mentioned by 15% and 10%, respectively. Notably, two-thirds of respondents expressed concern over tariffs affecting their finances.
Perception of Recession
Many Americans feel the economy is struggling, with 63% believing the nation is heading in the wrong direction. Confusion around the current economic state persists, yet signs of hardship are undeniable. Just 64,000 jobs were added recently, and the unemployment rate increased to 4.6%.
- 70% of individuals feel their living area is unaffordable.
- 59% reported worsening financial situations over the past year.
The impact of socioeconomic factors is significant. For example, 77% of Black respondents and 78% of Latino respondents report their expenses match or exceed their income monthly. This proportion is notably lower among white individuals, at 68%.
Healthcare and Future Outlook
Concerns about healthcare costs are pervasive, as 54% of surveyed individuals worry about affording necessary health services in the coming year. This anxiety is especially pronounced among Black (69%) and Latino (65%) respondents, along with those earning under $50,000 annually (67%).
As we approach 2026, nearly 60% of Americans express pessimism about the future. Notably, the demographic divide is stark; many Democrats and younger voters feel particularly uncertain about forthcoming years, while Republicans display a more optimistic outlook.
Survey Details
The survey was conducted from December 8 to 11, 2023, involving 1,440 adults through various interviewing methods. The margin of error is +/- 3.2 percentage points overall, while registered voters have a margin of +/- 3.4 percentage points.
As President Trump faces mounting challenges related to the economy, his ability to regain public trust will be pivotal to his administration and campaign moving forward.
