Overview
- Only 31% of U.S. adults approve of President Trump’s handling of the economy, according to a new AP-NORC survey released Dec. 11.
- Economic approval has fallen nine points since March, the lowest AP-NORC reading for Trump across either term.
- The same poll reports a sharp decline in public ratings of the president’s handling of immigration.
- Cumulative price increases continue to strain households, with housing, groceries, insurance and energy frequently cited pressures.
- Economists point to elevated interest rates keeping mortgage, auto and credit card borrowing costs high as wages lag for many workers.