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US: Confidence In Economy Rises After Presidential Election

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A new reportfrom Gallup has found that since the presidential election Americans’ confidence in the economy has improved and, “fewer U.S. adults also name economic matters as the most important problem facing the country.”

  • The report notes: “Gallup’s Economic Confidence Index in November is -17, an improvement of nine points from October. The current reading is the best since a -12 reading in August 2021, when the economy continued to improve from the initial shocks of the COVID-19 pandemic.”
  • Gallup notes: "Fewer Americans are satisfied with the way things are going in the U.S. now (22%) than before the election (26%). A notable spike in Republican satisfaction (from 5% to 16%) has been more than offset by a larger decline among Democrats (from 47% to 31%) and a slight dip among independents (from 25% to 21%)."
  • A separate survey from Emerson College found: “The first post-election Emerson College poll finds President-elect Donald Trump's favorability rating at 54%, a six-point increase from his pre-election favorability of 48%. President Joe Biden has a 36% job approval rating, a four-year low for the president in Emerson polls…”

Figure 1: Changes in Key U.S. Mood Indicators After the 2024 Elections

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A new reportfrom Gallup has found that since the presidential election Americans’ confidence in the economy has improved and, “fewer U.S. adults also name economic matters as the most important problem facing the country.”

  • The report notes: “Gallup’s Economic Confidence Index in November is -17, an improvement of nine points from October. The current reading is the best since a -12 reading in August 2021, when the economy continued to improve from the initial shocks of the COVID-19 pandemic.”
  • Gallup notes: "Fewer Americans are satisfied with the way things are going in the U.S. now (22%) than before the election (26%). A notable spike in Republican satisfaction (from 5% to 16%) has been more than offset by a larger decline among Democrats (from 47% to 31%) and a slight dip among independents (from 25% to 21%)."
  • A separate survey from Emerson College found: “The first post-election Emerson College poll finds President-elect Donald Trump's favorability rating at 54%, a six-point increase from his pre-election favorability of 48%. President Joe Biden has a 36% job approval rating, a four-year low for the president in Emerson polls…”

Figure 1: Changes in Key U.S. Mood Indicators After the 2024 Elections

Keep reading...Show less