Categories: Market Overview

Biden approval ratings on Covid and economy fall in new CNBC All-America survey

President Joe Biden held on to his overall approval rating in the latest CNBC All-America Economic Survey but showed weakness in two key areas as the public’s views on the economy and the outlook for the virus soured. In the poll of 802 American adults nationwide, 48% approved of the job Biden is doing as president, up a point from the first quarter. But his disapproval numbers grew to 45% from 41%.

The biggest change came in views on his handling of the coronavirus, where approval dropped 9 points to 53%; Biden’s economic approval fell to 42%, a decline of 4 points, or just beyond the poll’s 3.5-point margin of error.

The president’s ratings declined along with worsening views on the economy and the virus. The poll, conducted at the end of July, shows 51% of the public pessimistic about the economy and the outlook, the highest level since 2015. Just 22% give the economy positive marks and are optimistic.

Biden approval ratings on Covid and economy fall in new CNBC All-America survey, CNBC, Aug 4

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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