Three-fourths of voters view economy negatively in new Fox News poll

Voters’ views on the economy have waned in recent months, as economic concerns aided the president’s return Donald Trump to the White House are now affecting his approval ratings in the latest Fox News poll.

The poll, conducted from Friday to Monday, found that three-quarters of voters viewed the economy unfavorably, with 76% of respondents saying national economic conditions were either “not very good” or “poor” in their views, according to Fox News poll.

Voters had similar negative views of their personal finances, with 60% rating them as not good or bad, while 40% said they were in good or excellent financial shape.

A majority of 61% of voters said they disapprove of the way Trump is handling the economy, while 38% expressed their approval. While 77% of Republicans said they approved of the president’s handling of the economy, only 25% of independents and 6% of Democrats expressed their approval.

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A nearly two-to-one majority of voters said Trump is more responsible for the current economy than the previous president Joe Bidenwith participants exceeding 62% to 32%, respectively.

Democrats were about 40 percentage points more likely than Republicans to blame Trump, while 42% of GOP respondents said Trump, compared to 53% who said Biden. Independents nearly matched the overall response, with 62% saying Trump, and 29% saying Biden.

President Joe Biden also blamed voters for economic conditions at the end of his term. (Tierney L. Cross/Bloomberg via Getty Images)

The poll showed that, by a margin of 31 points, more voters say the Trump administration’s policies have hurt them more than helped them. This is a similar dynamic to what happened at the end of Biden’s term, when voters by 30 points said the Biden administration would be in control Economic policies They have done more harm than help to their finances. In both cases, nearly three-quarters of voters on the other side of the aisle said they were harmed by the incumbent president’s policies.

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Voters expressed opposition to President Donald Trump’s tariffs in the latest Fox News poll. (Brendan Smalowski/AFP via Getty Images)

The electorate was widespread Criticism of definitions63% of respondents said that they do not agree with the way the Trump administration is dealing with them, while 27% of Republicans, 72% of independents, and 92% of Democrats opposed it.

When asked about Whether inflation is under controlVoters were skeptical, with a 52% majority saying prices were “not under control at all.” Only 18% of voters said that inflation is completely or mostly under control, while 29% said that it is somewhat under control.

Grocery costs A particular pain point for voters, the survey asked whether item costs have increased, decreased or stayed the same compared to last year. A majority of 85% said it had increased, while 10% reported a decrease, and 5% said there had been no change.

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Customers look at food items on display on Aug. 16, 2024, at a Costco branch in Colchester, Vermont. (Robert Nickelsburg/Getty Images)

Utility bills Health care costs have also risen, with 78% of voters reporting higher utility bills, and 67% saying they face higher health care costs compared to last year.

In addition, two-thirds of voters said they… Housing costs It has increased in the past year.

Gas prices It’s an area where voters who responded to the survey reported more satisfaction, with just 54% reporting price increases and 30% saying gas costs have decreased.

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“The situation is not complicated,” said Republican pollster Daron Shaw, who helps run the Fox News poll with Democrat Chris Anderson. “People are struggling to afford necessities and blaming those in charge. What’s interesting is watching Democrats gain politically from a problem they arguably caused — and which crushes them in 2024. But that’s politics.”

Fox News’ Dana Blanton and Victoria Ballara contributed to this report.