Trump’s net approval rating hits all-time low on key issue as Americans worry
His disapproval on a major issue just hit a career high.
President Donald Trump is facing a difficult stretch regarding his economic agenda, as a new report from 205focus.com reveals his net approval rating on the economy has hit an all-time low.
Record Disapproval Ratings
According to the latest Economist/YouGov poll, only 29% of Americans approve of the President's handling of the economy. Conversely, 63% of respondents disapprove, marking a career-high for negative sentiment on this front. Conducted between June 5 and June 8, the survey puts Trump at a -34 net approval rating, the lowest recorded point of his two terms in office.
Rising Pessimism Among Voters
Public outlook on the nation's financial health has shifted significantly for the worse. While 19% of adults initially believed the economy was on an upward trajectory at the start of Trump's term, that figure has dipped to just 14% today. Meanwhile, the percentage of those who believe the economy is worsening has climbed from 37% to a majority of 57%.
Cost of Living Concerns
At the center of this frustration is the rising cost of everyday goods—a topic Trump has previously dismissed as a “hoax” perpetrated by Democrats. Americans are clearly feeling the strain in their wallets:
- Fuel: Over 75% of respondents noted gas prices have gone up a lot, with another 14% citing a slight increase.
- Food: Six in 10 Americans reported that grocery bills have spiked significantly.
- Housing: Nearly 45% said housing costs have increased drastically over the last year.
- Vehicles: 42% of those polled noted a major surge in car prices.
Overall, the economic sentiment remains bleak, with 44% of respondents labeling the U.S. economy as “poor.” Only 18% describe conditions as “good,” while a mere 4% believe the economy is “excellent.”