Americans end 2024 with grim economic outlook, but Republicans are optimistic for 2025: AP-NORC poll
A new poll finds that Democrats are feeling more pessimistic about the U.S. economy after Donald Trump's victory
WASHINGTON (AP) — The unemployment rate is healthy and the stock market is up, but Democrats are feeling more pessimistic about the U.S. economy after Donald Trump's election victory, according to a new poll.
Republicans, meanwhile, are still dour about the current state of the economy but hopeful that growth will be stronger next year when Trump returns to the White House as president.
The latest survey from The Associated Press-NORC Center for Public Affairs Research suggests that some Americans are evaluating the economy more by who holds political power than on what the underlying trends suggest. This was a persistent challenge for President Joe Biden that Trump appears to be inheriting — and it raises the possibility that Trump, too, might struggle to translate his economic policies into political wins.
About 7 in 10 U.S. adults rate the country’s economic state as very or somewhat poor, up slightly from about 6 in 10 in October. Self-identified Democrats are primarily driving the recent negativity. About 6 in 10 Democrats described the U.S. economy as “good” in October. With Republicans on the verge of controlling the executive and legislative branches, only about half of Democrats say that now.
