Americans bullish on economy and stock market with Trump in office: poll

Americans are signaling optimism about the economy now that President Donald Trump is back in office, with majorities expecting economic and stock market growth.

President Donald Trump holds up his executive order on "Continuing the President's National Council for the American Worker and the American Workforce Policy Advisory Board" in the East Room of the White House on June 26, 2020. (Mandel Ngan/AFP via Getty Images)

While Americans are optimistic about economic growth, the survey found they were divided on unemployment, with 38% indicating they believe it will increase and 38% saying it will decrease. Meanwhile, 21% believe that unemployment will hold steady over the next six months.

Americans are also less bullish on inflation, with 52% indicating they expect it to rise in the next six months, though that figure is down significantly from close to 80% in previous versions of the Gallup poll.

Breaking the numbers down by partisan affiliation, Gallup found Republican respondents largely responsible for fueling the increase in economic optimism, with 78% of GOP respondents believing there will be economic growth over the next six months and 75% saying the stock market will rise.

President Donald Trump headlines a Republican National Committee spring donor retreat, in Palm Beach, Florida on May 4, 2024. (Donald Trump 2024 campaign)

CLICK HERE TO GET THE FOX NEWS APP

"Americans are generally hopeful about the economy in the next six months. Part of this optimism stems from Republicans expecting things to improve under a Republican rather than Democratic president," Gallup said in a news release. "But the broader improvements in Americans’ outlook may also reflect their confidence in Trump’s ability to handle the economy. During his first term, he received some of his strongest issue approval ratings on the economy, which were typically higher than those Biden received on the issue during his term."

The poll, conducted Jan. 2-15, 2025, surveyed a random 1,005 adults living in the U.S. and has a margin of sampling error of plus or minus four percentage points.

Michael Lee is a writer for Fox News. Prior to joining Fox News, Michael worked for the Washington Examiner, Bongino.com, and Unbiased America. He has covered politics for more than eight years.

https://www.foxnews.com/politics/americans-bullish-economy-stock-market-trump-office-poll