12. May 2026

Trump Approval on Economy Hits New Low; 7 in 10 Expect Recession Next Year, According to Poll

WASHINGTON-- President Donald Trump’s approval rating on the economy has fallen to its lowest level of his current term, while a large majority of Americans now expect the United States to enter a recession next year, according to a new CNN poll released Tuesday.

The survey found growing public unease over inflation, consumer prices and broader economic uncertainty despite continued job growth and relatively stable unemployment figures. About 7 in 10 respondents said they believe the country is likely to experience a recession in the next year, reflecting deepening pessimism about the direction of the economy.

Trump’s handling of economic issues — long viewed as one of his strongest political advantages — also saw a noticeable decline in the poll, with approval ratings slipping amid concerns over rising gas prices, housing affordability and market volatility.

The findings underscore mounting political challenges for the White House as voters increasingly express frustration with household costs and financial instability heading into the second half of the year.

While the administration has pointed to strong employment numbers and continued domestic investment as evidence the economy remains resilient, many Americans surveyed said they are not feeling the benefits in their daily lives.

Consumer sentiment has weakened in recent months as energy prices climbed and borrowing costs remained elevated. Financial analysts have also warned that persistent inflationary pressures and geopolitical instability could weigh on growth in the coming quarters.

White House officials pushed back against the gloomy outlook following the poll’s release, arguing that economic fundamentals remain solid and accusing critics of overstating recession risks.

“The president inherited major economic challenges and continues working to lower costs, strengthen American manufacturing and create jobs,” a White House spokesperson said in a statement.

Republicans and Democrats alike have increasingly voiced concerns about the economic outlook, though they remain divided over the causes. GOP lawmakers have blamed federal spending levels and trade uncertainty, while Democrats have pointed to global market disruptions and corporate pricing practices.

The CNN poll reflects broader trends seen in several recent national surveys showing declining confidence in the economy, even as key indicators such as unemployment remain comparatively stable.

Economists remain split on whether the U.S. will enter a formal recession next year. Some analysts say slowing consumer spending and weakening business investment could eventually tip the economy into contraction, while others argue continued labor market strength may help avoid a severe downturn.

The poll was conducted nationwide among adults and has a margin of sampling error of plus or minus several percentage points.