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Trump's approval rating on the economy takes hit because of shutdown, inflation, CNBC survey finds
CNBCยท2025-10-17 13:37

Core Insights - American views on the economy have become more negative in Q3, with rising concerns about jobs, inflation, and overall economic outlook, leading to a decline in President Trump's net approval rating on the economy to 42% approval and 55% disapproval, marking a net approval of -13, the lowest recorded in any CNBC survey during his presidency [1] Approval Ratings - The president's overall approval rating decreased from 46% to 44%, while disapproval increased by 1 percentage point to 52%, continuing a trend where economic approval is lower than overall approval ratings [2] Public Sentiment on Economic Issues - A survey of 1,000 respondents revealed that 53% blame the potential economic fallout from the shutdown on Republicans and the president, while only 37% attribute it to Democrats, indicating a shift in public sentiment towards the handling of economic issues [3] Specific Policy Approval - Only 34% of the public approve of the president's policies on inflation and cost of living, with 62% disapproving, representing the worst approval ratings in this area during his second term; additionally, 56% disapprove of his tariff policies, resulting in a net approval of -15, down from -6 in the previous quarter [4] Economic Confidence Factors - The decline in economic confidence among Americans is more significantly influenced by personal cost of living issues rather than the government shutdown, as noted by a Republican pollster [5]