Economy

Economic Commentary

Economic Calendar

Global Economies

Global Economic Calendar

Biden's Disapproval Rating at Peak

U.S. President Joe Biden has some winning over to do among American voters, as more of them signaled their unhappiness with his administration’s supervision of the economy and the COVID-19 pandemic.

The survey, put out by CNBC and Change Research, says 56% of voters now say they disapprove of the job Biden is doing, the worst such reading of his presidency as he approaches the end of his first year in office. Prior polls in the series showed Biden’s disapproval rating at 54% in early September and 49% in April.

Biden’s approval rating is now at 44%, down from 46% in September and 51% in April.

The latest sign of trouble for Biden comes as his administration looks to tackle a wide range of economic and political problems ahead of the 2022 mid-term elections, which will decide the balance of power in Congress.

The White House aims to quell fears about inflation, resurrect the president’s Build Back Better climate-and-family legislation, and rejuvenate the country’s public health response as the omicron variant drives a new spike in COVID cases.

Frustrations over the economy are the main culprit behind Biden’s flagging popularity as nearly every demographic declared it their number-one issue.

The economy was the top priority for men and women, every agegroup, Latino and white voters, and those with and without college educations. Black respondents, who named racism their chief priority, said the economy takes second place.