A new NBC News poll shows President Donald Trump at his highest job approval rating, with 47% of Americans supporting his performance. Additionally, 44% believe the country is on the right track, the highest optimism since 2004.
However, economic concerns are mounting. More than 50% of respondents now disapprove of Trump’s economic policies, with his trade tariffs on Canada, Mexico, and China receiving mixed reactions. Consumer spending has also declined, with retail foot traffic dropping by 4.3% year-over-year. The University of Michigan’s consumer sentiment index hit its lowest point since 2022, signaling inflation worries.
Market volatility adds to the uncertainty. The S&P 500 recently dropped 8%, and economists are lowering U.S. GDP growth forecasts. The Federal Reserve faces pressure to cut interest rates as fears of a potential recession grow.
While Trump enjoys strong approval, economic challenges could shape public sentiment in the coming months.