In the 10-year history of the CNBC poll, American optimism regarding the strength of the U.S. economy has never been this high.
A record number of Americans are optimistic about the strength of the U.S. economy, according to results of the CNBC All-America Economic Survey.
The third-quarter CNBC All-America Economic Survey found 43 percent of the public believes the economy is excellent or good, a record high in the 10-year history of the survey. Thirty-six percent believes the economy will get better, down a couple of points from last quarter, but just 23 percent say it will get worse, down 6 points.
The four-quarter average for every major economic metric in the poll — the outlook for the economy, housing, wages and the stock market — is at a record 10-year high. Those four quarters cover the time span since President Donald Trump’s election.
And while the poll notes President Trump’s approval rating is at just 38 percent, 43 percent approve of his handling of the economy while 41 percent disapprove – a five-point swing in the president’s favor since the last quarter.
CNBC’s poll surveyed 800 Americans “including all income groups and regions” last week. The poll has a margin of error of +/- 3.5 percent.
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