Tags: obama | romney | gallup | business

Gallup: Obama Losing Favor Among Business Owners

Thursday, 26 Jul 2012 11:41 AM

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American business owners’ approval of President Barack Obama has dipped to just 35 percent, a 6 percent decline from a previous poll, a quarterly Gallup assessment has found.

However, the average for the second quarter of 2012 found that overall approval of Obama’s job performance is increasing. The most recent survey found that 47 percent of working Americans approve of the job he is doing and 47 percent disapproved. In the first quarter of the year 45 percent approved and 48 percent disapproved.

Gallup noted that while Obama’s approval rating inched up across occupations, business owners were the only group to register a significant drop. However, the recent controversy over Obama’s remarks concerning government and other assistance that contribute to business success is not a factor in the decline.

“While there are too few respondents in some occupational groups to report their approval ratings by month, the internal data suggest the decline in business owners' approval of Obama came for the most part between March and April, with approval holding at a lower rate since then,” Gallup wrote. “The data precede Obama's much-discussed July 13 comments that small-business owners have had help from others to achieve success. Thus it is not yet clear whether those comments have led to further deterioration in Obama's standing among small-business owners.”

The survey was based on interviews conducted as part of the Gallup Daily tracking April 1-June 30, 2012 and polled 25,464 employed adults.

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