Monday, June 25, 2018
Trump's economic preformance gets positive review from 51 per cent of U.S. adults, including 30 per cent of Democrats
That's an all-time high in the CNBC All-America Economic Survey
Unemployment is at an 18-year low and black unemployment is at an all-time low
Most Americans approve of how Donald Trump is handling the U.S. economy, according to a new poll. That's the first time the president has rallied a majority to his side on financial, investment and other pocketbook issues.
According to a CNBC All-America Economic Survey of 800 U.S. adults, 51 per cent approve of Trump's economic job performance. Just 36 per cent give him a thumbs-down. But his base of support on the economy now includes three in 10 Democrats, a number that will likely stun his political opponents as they consider the looming midterm congressional elections.
Jay Campbell, CNBC's Democratic pollster, told the net work that 'there is [a] component of [the] Democratic base that's willing to acknowledge the improving economy and willing to give Trump a certain amount of credit for it.'
A large number still disapprove of Trump on the economy but 30 percent of Democrats is not nothing.'
The president's first year was marked by job creation, sustained growth in America's Gross Domestic Product and an unemployment rate that has declined to 3.8 per cent matching the all-time low.
Black unemployment hit 5.9 per cent at the end of May, the lowest number ever recorded by the Bureau of Labor Statistics.
That means the gap between black and white unemployment in the United States shrunk to its smallest size ever.
Female unemployment inched down to 3.6 percent, the lowest level since 1953.
Part of Trump's economic plan is to emphasize in Middle America the potential long-term benefits of trade renegotiations.
Fifty-two percent of Americans approve of how he is handling that issue.
Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.