Trump's approval rating on economy hits all-time low as midterm looms: CNBC survey

With less than two weeks to go before the congressional elections, Americans are nearly as gloomy about the economy as they were when the nation was emerging from the pandemic, and President Donald Trump 's economic approval rating is hitting an all-time low, according to the latest CNBC All-America Economic Survey . Eight out of 10 Americans rate the economy as fair or poor, the highest number since December 2023 and one of several ominous signs for Republicans in the new polling data released Thursday that show why their candidates are facing an uphill battle in the midterm .