President Donald Trump’s approval rating has slipped to near its lowest point this year, driven largely by declining support for his economic management, according to a new Reuters/Ipsos poll.

The three-day survey, which concluded on Sunday, showed 39% of U.S. adults approve of Trump's job performance, down from 41% earlier in December and within a point of the 38% reading from mid-November, Trump's lowest rating this year.

The Republican leader returned to power in January with a 47% rating, but his popularity has softened since then, particularly regarding his economic stewardship.

A recent government shutdown disrupted data collection on the U.S. economy, but many economists think employers have pulled back on hiring because of what some described as shock from Trump's tariffs on imports.

Just 33% of U.S. adults said they approved of how Trump was handling the U.S. economy, the president's lowest rating on the matter this year.