Overview
- An average of polls compiled by the Cook Political Report shows more voters disapprove of President Trump’s handling of the economy than approve, with 61% disapproving and 35% approving.
- Interviews collected by the Wall Street Journal show a split among Trump voters, with some praising tax cuts, deregulation and a strong stock market for benefiting their finances.
- Other voters report stagnant wages and rising everyday costs and directly blame the administration’s tariffs and the U.S.-Israeli military action involving Iran for higher energy prices.
- Macroeconomic indicators are mixed: stock indexes are near record levels and the job market remains steady while inflation has picked up recently and housing remains largely unaffordable for many families.
- The growing economic dissatisfaction within Mr. Trump’s base could reshape voter turnout and messaging in upcoming midterm races as campaigns respond to pocketbook concerns.