CNBC All-America Economic Survey: 42% approve of Pres. Trump’s handling of the economy
CNBC Television·2025-10-17 11:48

Economic Sentiment & Presidential Approval - Americans' views on the economy turned more negative in Q3, driven by concerns about jobs and inflation [5] - President Trump's economic approval fell 3 points to 42%, with disapproval rising 2 points to 55% [6] - The president's economic approval is running below his overall approval in the second term, averaging a net minus 11 [7] - Optimism about the economy has risen to 24% from 17% on average this year, while pessimism has increased to 57% from 40% [9] Key Issues & Blame Attribution - The president has net positive approval on handling the southern border but negative approval on deporting illegal immigrants and tariffs [8] - 53% of the public blames congressional Republicans and the president for a potential economic fall from the shutdown, compared to 37% for congressional Democrats [10] Political Landscape & Independent Voters - Independents are leaning negative on the president, with approval ratings ranging from minus 20 to minus 30 [11] - The survey indicates that average Americans are down on jobs, inflation, and tariffs [12] - Independents are expected to vote based on economics in statewide elections [23] Economic Factors & Potential Weakness - The labor market may be weaker than anticipated, potentially leading to a 5% unemployment rate if immigration levels remain consistent [13] - Lower and middle-income individuals may be feeling the economic strain more than higher-income individuals [15]