BlockBeats News, April 20th. According to the latest CNBC All-America Economic Survey, widespread dissatisfaction has emerged due to U.S. President Trump's handling of tariffs, inflation, and government spending, leading to a new low in his approval rating on economic issues, with 43% approval and 55% disapproval. The economic optimism brought by his re-election has vanished, and pessimism towards the stock market has sharply increased. 49% of respondents believe that the U.S. economy will deteriorate in the next year, marking the most pessimistic overall result since 2023. This figure includes 76% of Republicans who believe the economy will improve, but 83% of Democrats and 54% of independents think the economy will worsen.
Trump’s lowest economic rating comes from his handling of inflation, with dissatisfaction levels ranging from 37% to 60% among the public, including strong net negative ratings from Democrats and independents. 57% of the public believes that the U.S. is about to enter or is currently in an economic recession, with 12% believing that the recession has already begun. Americans' negative view of the stock market has reached a two-year high, with approximately 53% thinking it is not a good time to invest, while only 38% believe it is a good time to invest.