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Trump on Gallup Poll: Most Rank Financial Situation 'Good'

a right-hander takes a pen to a checkbook sitting on a brown, wooden table

By    |   Wednesday, 01 May 2019 08:13 AM

President Donald Trump early Wednesday touted the results of a Gallup Poll showing most Americans now feel positive about their own finances.

"Gallup Poll: 56% of Americans rate their financial situation as excellent or good," he tweeted. "This is the highest number since 2002, and up 10 points since 2016."

According to the poll, based on surveys conducted in February and April and released Tuesday:

  • 56% said their financial situation is excellent or good.
  • 57% said their situation is getting better.
  • 56% are currently saving money but 26% are just making ends meet.

Meanwhile, respondents said unplanned medical costs and retirement income top their main worries.

According to Gallup, the overall positive rating is at its highest since 2002, but remains statistically the same as last year.

In another financial reading:

  • 68% said they have enough to live comfortably.
  • 33% said they do not.

The number has remained stable historically, as the "yes" responses fell below 65% just once since 2002, when the measure of those saying they had enough money was at 75%.

The poll also showed most Americans are not worried they will be able to make ends meet:

  • 25% of Americans say they worry "all" or "most" of the time about meeting expenses.
  • 37% worry "some of the time."
  • 37% "almost never" worry.

The poll results were based on phone interviews Feb. 12-28 and April 1-9 of random samples of 1,932 adults in February and 1,012 adults in April. The margin of error was plus or minus 3 percentage points in February and plus or minus 4 percentage points for April.

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The results of a Gallup Poll showing most Americans now feel positive about their own finances were touted by President Donald Trump early Wednesday.
gallup, economy, finances, consumer, confidence
Wednesday, 01 May 2019 08:13 AM
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