Donald Trump Approval Rating Falls To All-Time Low on Economy in Two Polls
Summary
President Donald Trump’s approval rating on the economy has dropped to record lows in two national polls conducted in early July 2026. Most Americans disapprove of how he is handling economic issues, with widespread concern about the cost of living and the country’s financial future.Key Facts
- Trump’s overall approval rating is 40% according to CNBC and 37% according to Washington Post–Ipsos polls.
- Approval of Trump’s handling of the economy is lower, with 38% approval and 60% disapproval in CNBC, and 33% approval and 65% disapproval in Washington Post–Ipsos polls.
- 61% of people surveyed in the CNBC poll feel pessimistic about the current and future economy, the highest level since late 2023.
- Nearly half of Americans (47%) report cutting back on essentials like food and medical care.
- About two-thirds of Americans are reducing spending on non-essential items such as dining out and entertainment.
- Despite negative economic views, Democrats only hold a small 4-point advantage for Congress, showing the electorate is closely divided.
- Economic concerns are seen as likely to influence the 2026 midterm elections, with voters focusing on cost of living.
- The White House emphasized that President Trump is working to create jobs, lower inflation, and make housing more affordable.
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