A recent survey from the Economist/YouGov found that a majority of people believe the economy will improve if former President Donald Trump is elected in November, while more believe it will decline if President Joe Biden wins a second term. The survey revealed that 47 percent of respondents think the economy will worsen if Biden is reelected, compared to just 21 percent who believe it will improve. Independents also showed skepticism towards Biden’s economic policies, with 47 percent predicting a decline.
On the other hand, 42 percent of respondents believe the economy will improve if Trump is elected, with 34 percent predicting a decline. Among independents, 35 percent believe the economy will improve under Trump’s leadership. The survey reflects the importance of jobs and the economy to respondents, with 97 percent considering it an important issue.
Biden’s approval rating on handling jobs and the economy is low, with 54 percent disapproving and only 39 percent approving. The survey, conducted from May 5-7, 2024, included 1,813 U.S. adult citizens. Additionally, a Gallup survey highlighted Biden’s weakness on economic issues, as confidence in his leadership reached a historically low point.