President Donald Trump’s overall — and economic — approval ratings plunged in the latest CNBC All-America Economic Survey in what appears to be direct fallout from widespread dissatisfaction with the war with Iran, high gasoline prices and negative views of the economy.
The survey of 1,000 people nationwide found that 40% approve of the president’s job performance, a five-point drop from last quarter, and 58% disapprove, a six-point increase. His net approval fell 10 points to -18, the lowest ever measured over the president’s two terms. The survey, which has a margin of error of +/- 3.1%, marked the sharpest drop in the president’s net approval since Americans turned sour on his handling of the pandemic in 2020.
Net approval by Democrats and independents also hit record lows, but the decline from Republicans stood out. It dropped 17 points to the lowest level since 2017, paced by a 9-point increase in disapproval and an 8-point drop in approval to 82%. While MAGA voters are sticking with the president, registering 96% approval, non-MAGA Republican support declined by 19 points to 60%.
Micah Roberts, partner at Public Opinion Strategies, the Republican pollster for the survey, said the numbers were not especially troubling to him. Amid the war, higher inflation and surging gas prices, a five-point drop in approval he said is not that big a move.
