Trump's economic approval hits all-time low before midterms

· Politics · United States

President Donald Trump's approval rating on the economy has hit an all-time low as the midterm elections approach, according to a CNBC survey. Eight out of 10 Americans now rate the economy as fair or poor, one of several findings showing why Republican candidates face uphill battles. Polls show voters are deeply upset by high gas prices and are likely to punish Republicans as a result. Trump has signed an executive order aimed at bringing down housing costs to address affordability concerns, while farmers have expressed scepticism about his tax-exempt diesel measure.

Why it matters:Economic dissatisfaction is a leading indicator for midterm outcomes, and the findings suggest voter anxiety could reshape US politics and policy.

Key points

  • Trump's economic approval is at an all-time low in the CNBC survey
  • Eight in 10 Americans rate the economy fair or poor
  • High gas prices are a top voter concern

Sources (original reporting)

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