A Harvard CAPS/Harris poll from May 2025 revealed that a slim majority of registered voters, 51%, view the U.S. economy as strong during President Donald Trump’s administration. This growing confidence follows a March consumer price drop, the first in nearly three years, which contradicted predictions that Trump’s trade policies would increase inflation.
The poll also found that 63% support shrinking government and 55% view government spending cuts as effective, reflecting widespread voter preference for fiscal discipline.
Trump has a 47% approval rating, closely matched by a 48% disapproval rating, and he has discussed boosting the economy by promoting equitable trade policies, substantial tax reductions, easing regulatory burdens, and reviving the manufacturing sector.
These results indicate rising voter optimism that Trump’s economic leadership could sustain growth, though maintaining fiscal responsibility and tax policies remains critical.