Most Americans continue to rate the U.S. economy negatively as partisan gap widens

U.S. adults’ ratings of the national economy continue to be more negative than positive: 26% now say economic conditions are excellent or good, while 74% say they are only fair or poor.

These overall ratings are mostly unchanged during the past three years. But Republicans and Democrats have shifted considerably over this period:

• 44% of Republicans and Republican-leaning independents now rate the economy as excellent or good – up 8 percentage points from April. This is Republicans’ most positive assessment since President Donald Trump’s first administration.
• 10% of Democrats and Democratic leaners now say the economy is in excellent or good shape – unchanged since April, but considerably lower than throughout Joe Biden’s presidency.