Biden’s Economic Approval Rating: Key Takeaways

  • Bidenomics: President Joe Biden’s economic policy, termed “Bidenomics,” has been a focal point in recent months. Despite falling inflation rates, consistent job growth, and reduced discussions about an impending recession, public reception remains mixed.
  • Approval Ratings:
    • A recent poll by the Associated Press-NORC Center for Public Affairs Research reveals that only 36% of Americans approve of Biden’s economic management.
    • Overall, Biden’s performance approval stands at 42%.
    • Past figures indicate a consistent trend: 34% approval in June, which slightly rose to 37% in July.
  • Public Perception of Economy:
    • Despite the administration’s efforts to promote “Bidenomics,” only 34% of Americans perceive the economy as “very” or “somewhat good.”
  • Confidence in Biden:
    • 23% of Americans express significant confidence in Biden’s capability to manage the White House effectively.
    • 31% have some confidence, while a significant 45% have minimal confidence.
  • 2024 Presidential Election Outlook:
    • Looking forward to the next presidential race, only 24% of Americans wish to see Biden run again.
    • In contrast, 30% hope for former President Donald Trump’s return to the race.
  • Poll Details: The survey was conducted from August 10-14, involving 1,165 adults. It has a margin of error of ±3.8 percentage points.