Trump's Economic Approval Rating Plummets to Historic Lows

President Donald Trump's net approval rating on the economy has crashed to an unprecedented low, according to a new poll from YouGov/The Economist.

Nationwide polling reveals a stark decline in public confidence regarding Trump's economic management. Only 29 percent of Americans express strong or moderate approval, while a staggering 63 percent disapprove.

This results in a net approval rating of -34 percent, marking the lowest point for Trump across both his first and second terms, as stated by YouGov's Allen Houston. The figure aggregates responses from polls that assessed Trump's overall handling of the economy and those that specifically addressed "jobs and the economy."

These latest figures represent a dramatic drop compared to the same period during Trump's initial presidency. At this juncture in his first term, more Americans approved than disapproved of his economic performance, yielding a positive net approval rating of 8 percent, according to Houston.

The 42-point swing from positive to negative ratings underscores a significant shift in public sentiment, indicating rising dissatisfaction with economic conditions or perceptions of the administration's economic policies.

The poll was conducted by YouGov and The Economist, surveying 1,603 adult Americans from June 5-8, 2026, with a margin of error of 3.6 percent. It revealed that on inflation, Trump's approval rating stands at 24 percent against a disapproval rating of 68 percent. Overall, Trump's approval is at 35 percent, while disapproval sits at 60 percent.

White House Spokesman Kush Desai stated via email, “President Trump has always been clear about temporary disruptions as a result of Iran’s attempts to subvert the free flow of energy. The Administration has never lost focus, however, on implementing the President’s proven economic agenda on the home front. As these policies continue taking effect, and as the Iranian terror threat is neutralized, Americans will again see cooling inflation, gas prices at multi-year lows, and accelerated economic growth.”

Shifts in approval and disapproval ratings could indicate broader erosion within the Republican Party's midterm strategies this year, especially as multiple trackers show Trump significantly underwater nationally.

The new poll emerges amid Trump's handling of Iran and foreign policy issues, alongside previously rising gasoline prices across the nation.

A survey by the Harris Poll and HarrisX last month indicated that Trump's approval rating on the economy was at 39 percent. His overall approval rating was recorded at 43 percent versus a disapproval rating of 53 percent. This poll was conducted from May 29 to May 31 among 1,725 registered voters and had a margin of error of 2.4 percent.

A Quinnipiac University poll last month found that only 33 percent of voters approve of the job the president is doing on the economy, while 64 percent disapprove. This survey included 1,106 self-identified registered voters across the country from May 14 to May 18, 2026, with a margin of error of 3.7 percent.