--- title: "Survey: Government Shutdown and Inflation Lead to Decline in Trump's Economic Approval Rating" type: "News" locale: "en" url: "https://longbridge.com/en/news/261653241.md" description: "According to the latest survey by CNBC, Americans' views on the economy have become increasingly negative in the third quarter, with President Donald Trump's economic approval rating dropping to 42% and disapproval rating at 55%. The survey shows that 53% of respondents believe the economic consequences of a government shutdown should be blamed on Congressional Republicans and the President. Only 34% of the public supports Trump's policies to address inflation and the cost of living, while 62% express opposition" datetime: "2025-10-17T14:10:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/261653241.md) - [en](https://longbridge.com/en/news/261653241.md) - [zh-HK](https://longbridge.com/zh-HK/news/261653241.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261653241.md) | [繁體中文](https://longbridge.com/zh-HK/news/261653241.md) # Survey: Government Shutdown and Inflation Lead to Decline in Trump's Economic Approval Rating **Key Points** - A nationwide economic survey by CNBC shows that Americans' views on the economy have become increasingly negative in the third quarter, with growing concerns about employment, inflation, and economic prospects. - President Donald Trump's approval rating has dropped to 44%, while his disapproval rating has risen to 52%. This result continues the trend of his second term, where economic approval ratings are lower than overall approval ratings. - The survey also indicates that public negative attitudes towards the president's handling of key economic issues are intensifying. CNBC Nationwide Economic Survey: 42% of the public supports President Trump in handling economic affairs A nationwide economic survey by CNBC shows that Americans' views on the economy have become increasingly negative in the third quarter, with growing concerns about employment, inflation, and economic prospects. Additionally, the public blames the government shutdown on the president and congressional Republicans, leading to President Donald Trump's net economic approval rating dropping to 42% (approval) and a disapproval rating of 55%. This -13 net economic approval rating is the lowest in all CNBC surveys during Trump's two terms. The president's overall approval rating has decreased from 46% to 44%, with disapproval rising by 1 percentage point to 52%. This result continues the trend of his second term, where economic approval ratings have consistently been lower than overall approval ratings. In contrast, during his first term, the president's economic approval ratings were typically positive and significantly higher than overall polling support. This survey, which includes 1,000 people nationwide (with a margin of error of ±3.1%), shows that 53% of respondents believe the potential economic consequences of the government shutdown should be blamed on congressional Republicans and the president, while only 37% attribute the responsibility to Democrats. Furthermore, the survey indicates that public negative attitudes towards the president's handling of key economic issues are continuously rising. Only 34% of the public supports his policies to address inflation and the cost of living, while 62% express opposition. This is the worst data in three CNBC surveys during Trump's second term—significant for a president who promised to lower prices. Additionally, 56% of the public opposes his tariff policies, with a support rate of 41%, resulting in a net approval rating of -15, compared to a net approval rating of -6 in the second quarter survey. Micah Roberts, a partner at the Republican polling firm Public Opinion Strategies, stated, "Clearly, compared to the government shutdown, the cost of living in Americans' personal lives is more likely to undermine their confidence in the economy." **Party Divisions** In this survey, 40% of respondents identified as Republicans, while 38% identified as Democrats. The results show that Trump still enjoys overwhelming support within his party but faces equal opposition from Democrats. A key finding of the survey is that independent voters hold a distinctly negative view of the president and his handling of key issues. Jay Campbell, a partner at the Democratic polling firm Hart Research, stated: "Most of the current shifts in positions are coming from independent voters, a crucial group because we know... independent voters are highly sensitive to the economy. They are less sensitive to partisan issues but much more sensitive to financial and economic indicators." Among all the issues surveyed, the only one showing positive data is Trump's handling of the southern border, with a net support rate of +5. His support for handling deportation matters dropped from a tie at 49% to 46% support and 50% opposition (net opposition rate of -4). Additionally, public perception of the president's handling of foreign policy has slightly improved. The survey was conducted from October 8 to 12, coinciding with the announcement of the Israel-Hamas peace agreement. Nevertheless, 50% of the public opposes his handling of the conflict, with only 41% in support. The president's challenges are not limited to the issues mentioned above. Public sentiment regarding the economy is increasingly negative: 27% believe the economic situation is "good" or "excellent," while 72% think the economy is "fair" or "poor"—a reversal of the improvement trend seen in the second quarter (when the president had previously lowered his most extreme tariff threats). Only 32% of the public believes the economy will improve next year, the lowest level since March 2024; 46% believe the economy will worsen, consistent with the last survey results. **Growing Employment Concerns** More than a quarter of Americans are worried about potential unemployment in the coming year, the highest level since CNBC first posed the question in 2022. However, on a positive note, 58% of respondents expressed confidence that they could find a new job with comparable pay and benefits even if they lost their current job. Young Americans, minorities, and women are the groups with the lowest confidence in their employment prospects. However, college graduates and salaried employees also report higher-than-average uncertainty regarding employment. Less than one-third of employed Americans believe their wages will increase in the coming year (the lowest level since the pandemic), while three-quarters believe prices will rise. Half of the public states that prices are continuing to rise "at a faster-than-usual rate." 56% of the public (including a significant number of Democrats and independents, as well as 45% of Republicans) believe that the government's ownership of shares in private enterprises is "inappropriate." However, 43% of the public (the highest proportion) believe that Trump's business-related policies are "moderate," 39% think his policies are "too pro-business," and 12% believe his policies are "too unfavorable to businesses." ## Related News & Research - [CMA CGM container ship has crossed through Strait of Hormuz, BFM TV reports](https://longbridge.com/en/news/281623367.md) - [DB (International) Stock Brokers Confirms SEBI Demat Compliance for FY 2025-26](https://longbridge.com/en/news/281623962.md) - [Omeros Turns Corner With Novo Deal, YARTEMLEA Launch](https://longbridge.com/en/news/281666535.md) - [China Rolls Out Tougher Rules for Mobile Chargers After Safety Scares](https://longbridge.com/en/news/281627593.md) - [SpaceX IPO: Will It Be a Buy or a Bust?](https://longbridge.com/en/news/281674034.md)