New national polling shows a sharp decline in public confidence in President Donald Trump, despite his claims that his second term is running smoothly. A recent CNN/SSRS survey of 1,245 adults, conducted October 27–30, reports Trump’s approval rating at 37%, down from 47% in February. This places him near one of the lowest points of his presidency. Meanwhile, 63% disapprove of his overall performance.

Americans are also pessimistic about the country’s direction. 68% say things are going “pretty or very badly,” with rising prices and household expenses driving much of the concern. Nearly half of respondents—47%—identified the economy and cost of living as the nation’s biggest issue. Another 26% worry most about the state of U.S. democracy, while only 10% list immigration as their top concern, despite its prominence in Trump’s messaging.

Many respondents believe Trump’s policies are contributing to these challenges. 61% say his policies have worsened economic conditions, and 56% believe he has damaged America’s global standing. Concerns about presidential power are rising as well: 61% say Trump has “gone too far” in using his authority. These attitudes appear to be influencing upcoming midterm voting intentions. 41% of voters say they will use their vote to oppose Trump, compared to 21% who say their vote will support him.

Trump has dismissed the poll results as inaccurate, labeling them “Fake Polls” on Truth Social and insisting he has strong support. Whether public opinion shifts again will depend on economic trends, political developments, and the approaching midterm elections.