United States Presidential Approval Rating Reaches Historic Low Amid Economic Concerns
WASHINGTON, D.C. (Reuters) - The latest Gallup poll, released on October 24, 2023, indicates that the United States presidential approval rating has fallen to a historic low of 37 percent, driven by persistent inflation and concerns over the administration's economic policies.
The survey, conducted from October 18 to 22 among 1,200 registered voters, found that 57 percent disapprove of the president's job performance, with 6 percent expressing no opinion. This marks the lowest approval rating since the same period in 2020, during the height of the COVID-19 pandemic.
Among key demographics, approval dropped by 8 points among independent voters and 5 points among moderate Republicans, with 68 percent of respondents citing economic issues, including rising prices for fuel and food, as their primary concern. The poll, which has a margin of error of plus or minus 3 points, also showed that 45 percent of those surveyed are satisfied with the direction of the country, down from 52 percent in the previous month.
White House Press Secretary issued a statement on Monday, saying that the administration remains focused on addressing supply chain disruptions and reducing the deficit, while acknowledging that more work is needed to alleviate the financial strain on American households. The Federal Reserve is expected to meet next week to consider further interest rate adjustments in response to the ongoing economic challenges.