Fewer Democrats think the economy is faring better under President Donald Trump than at the start of his term and increasing numbers of Republicans disagree, but Americans overall are torn, a new poll shows.
Approximately 28% of U.S. adult citizens believe Trump’s economy is improving, up from 19% in January, according to a Economist/YouGov survey released Tuesday. The same optimism increased among Republicans by 22 percentage points, while only 8% of Democrats said the economy improved after 10% thought the same in January.
However, 47% of adult American citizens said the economy is getting worse as opposed to 37% in January, the poll shows. Disapproval of Trump’s handling of inflation and job numbers also increased relative to January, while 54% of independents said they think the economy is getting worse, according to the poll. (RELATED: ‘Are You Kidding Me?’: CNN’s Harry Enten Gobsmacked That GOP Trouncing Dems On Economy)
The mixed results of the poll echo mixed data on the state of Trump’s economy itself. The Federal Reserve Bank of Atlanta estimated that real gross domestic product will grow by 4.6% in the second quarter of 2025, up from 3.8% in May. U.S. consumer confidence also increased by 12.3 points in May, and the economy surpassed expectations for the second month in a row in April by adding 177,000 jobs.
The White House also celebrated Trump’s economic agenda after inflation fell to a four-year low in April.
However, manufacturing activity in the U.S. decreased by 0.2% in May, continuing a steady decline since Trump returned to office, according to the Institute for Supply Management.
Trump’s “Liberation Day” tariffs announced on April 2 caused bond markets to become volatile, pressuring U.S. Treasuries. Trump announced a 90-day “pause” on reciprocal tariffs days later for all countries except for China, and the U.S. and China eventually agreed in May to pause some tariffs against each other for 90 days.
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