One year into President Donald Trump’s second term, most Americans continue to view the nation’s economy negatively, according to a new Pew Research Center survey.
The study found 72% of U.S. adults rate economic conditions as only fair or poor, while 28% rate them as excellent or good.
High costs top the public’s concerns. About 71% said they are very concerned about the cost of health care, 66% about the price of food and consumer goods, and 62% about housing costs. Fifty-one percent said they are very concerned about electricity prices.
The survey shows a wide partisan divide in how people see the economy. Among Republicans and Republican-leaning independents, 49% rate the economy positively. Among Democrats and Democratic leaners, just 10% do.
Americans also split on where the economy heads next. About 38% expect conditions to be worse a year from now, 31% expect them to be better, and 30% expect them to be about the same.
When asked about Trump’s economic policies since taking office, 52% said they have made economic conditions worse, 28% said they have made conditions better, and 19% said they have not had much effect.
The poll also found broad disapproval of the Trump administration’s tariff increases. Sixty percent disapprove of substantially increasing tariffs on goods imported from most countries that trade with the U.S., while 37% approve.
Pew said it surveyed 8,512 U.S. adults from Jan. 20 to Jan. 26 as part of its American Trends Panel.
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