President Donald Trump continued to score low approval ratings on his handling of the economy in the latest CNBC poll.
The CNBC All-America Economic Survey, released Friday, found that 55% of Americans disapproved of Trump’s handling of the economy while just 42% approved. This gave Trump a -13 net approval rating on the economy, which is the lowest number recorded by any CNBC survey during either of Trump’s two terms.
The poll also showed that his overall approval rating dropped from 46% to 44%, while his disapproval rose by 1 percentage point to 52%. CNBC noted that this showed a “second-term trend with his economic approval running below his overall approval rating.”
The poll also found that Americans largely disapproved of Trump’s handling of multiple economic issues. Just 34% approved of his handling of inflation and the cost of living, while 62% disapproved. These are Trump’s “worst” numbers on the issue during his second term, according to CNBC’s surveys.
The poll also found that 56% of Americans disapproved of Trump’s tariff policies while just 41% approved.
Americans were also pessimistic about the current and future state of the economy. Seventy-two percent of Americans described the current economy as fair or poor, while just 27% said the economy was good or excellent, according to CNBC.
Forty-six percent of Americans believe the economy will get worse next year, while just 32% believe it will get better.
The survey also asked respondents which party is to blame for any economic fallout related to the ongoing government shutdown. Fifty-three percent of respondents blamed Trump and Republicans in Congress, while 37% blamed Democrats in Congress.
The poll was conducted among 1,000 people nationwide between Oct. 8-12. It has a margin of error of plus or minus 3.1 percentage points.
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