Trump’s net approval rating hits all-time low on key issue as Americans worry

President Donald Trump is facing his lowest approval ratings yet regarding the economy, according to the latest data from the Economist/YouGov poll.

Record-Low Approval

The survey, which was conducted between June 5 and June 8, shows a significant decline in public sentiment. Only 29% of Americans now approve of the president’s handling of the economy, while 63% express disapproval. This results in a -34 net approval rating, the lowest recorded point during either of Trump’s two terms.

Rising Pessimism

Pessimism regarding the financial landscape is growing among the public. At the beginning of the current term, 19% of adults believed the economy was improving, compared to 37% who saw it declining. Today, those numbers have shifted sharply, with only 14% stating the economy is getting better while 57% report that it is getting worse.

A significant portion of the population now views the economic situation as bleak, with 44% of respondents labeling the U.S. economy as "poor." Only 4% consider it "excellent," while 18% describe it as "good" and 33% label it "fair."

The Burden of Affordability

Concerns over rising costs continue to weigh heavily on Americans. While the president has previously labeled affordability struggles a “hoax” perpetrated by Democrats, the data shows that basic expenses remain a primary pain point for households:

• Gas prices: Over 75% of those polled say fuel costs have jumped significantly in the last year.
• Food: Six in 10 respondents report that grocery costs have increased substantially.
• Housing: Nearly half of those surveyed cited a major increase in housing costs.
• Vehicles: 42% of Americans noted a significant rise in car prices over the past 12 months.