...
By Jenna Sundel
News Reporter
0
Share
Newsweek is a Trust Project member
See more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.
Sixty-eight percent of Americans disagree with the statement "the U.S. economy is booming," a poll released Friday found.
The Reuters/Ipsos poll, which surveyed 4,638 adults nationwide from February 18-23, found that 30 percent of Americans agreed that the economy is booming.
“President Trump is absolutely right to celebrate how he has cooled inflation, raised real wages, and secured trillions in new investments," White House spokesman Kush Desai told Newsweek in a statement on Friday. "But as the President also made clear in his State of the Union, much work remains to fully put Joe Biden’s economic disaster behind us, and the Administration continues to champion new policies on housing, health care, and energy to put more money in Americans’ pockets.”
Read More on News
Why It Matters
Trump spoke about a “stunning economic turnaround” during his State of the Union address on Tuesday.
“The roaring economy is roaring like never before,” Trump said.
However, recent polling has shown that more than half of the country disapproves of Trump’s economic policies. A Washington Post-ABC News-Ipsos poll taken from February 12-17 found that 57 percent of Americans disapprove with Trump’s handling of the economy. The poll also found that 64 percent of Americans disapprove of the president’s handling of tariffs, and 65 percent disapprove of his handling of inflation. The poll surveyed 2,589 U.S. adults with a margin of error of plus or minus 2 percentage points.
...
What To Know
The Reuters/Ipsos poll found that Republicans are divided on the economy, which is expected to be a key issue on voters’ minds in the November midterm elections.
The poll found that 56 percent of Republicans thought the economy was booming, while 43 percent disagreed. The margin of error for the poll is plus or minus 2 percentage points for all adults and 2-3 points for other groups.
The poll found that 88 percent of Democrats disagree that the economy is booming, while 12 percent agree.
The poll also measured opinions on inflation, finding that 82 percent of Americans disagree with the statement “There is hardly any inflation in the U.S.” The poll found that 16 percent of Americans agreed with the statement.
What People Are Saying
**President Donald Trump, during the State of the Union address: “**One of the primary reasons for our country’s stunning economic turnaround, the biggest in history—where the Dow Jones broke 50,000 four years ahead of schedule, and the S&P hit 7,000, where it wasn’t supposed to do it for many years—were tariffs. I used these tariffs, took in hundreds of billions of dollars to make great deals for our country, both economically and on a national security basis.”
House Minority Leader Hakeem Jeffries, a New York Democrat, on X: “The affordability crisis is real. And the state of our union is weak. You. Deserve. Better.”
Do you have a story that Newsweek should be covering? Do you have any questions about this story? Contact LiveNews@newsweek.com
In a polarized era, the center is dismissed as bland. At Newsweek, ours is different: The Courageous Center—it's not "both sides," it's sharp, challenging and alive with ideas. We follow facts, not factions. If that sounds like the kind of journalism you want to see thrive, we need you.
When you become a Newsweek Member, you support a mission to keep the center strong and vibrant. Members enjoy: Ad-free browsing, exclusive content and editor conversations. Help keep the center courageous. Join today.
View 0 Comments
Submit Correction
View Editorial & AI Guidelines