But pollsters contacted by CNBC are not so sure.
They pointed to the lingering impact of inflation in particular as a key factor weighing down Americans’ views of the economy — and of Biden.
A new batch of national polls once again shows the Democratic incumbent scoring low marks on the economy as he runs for reelection.
CNBC’s latest All-America Economic Survey found that 62% of respondents disapproved of Biden’s job dealing with the economy. A plurality of respondents identified the cost of living as the top issue facing the U.S. right now.
The survey of 1,002 U.S. adults, released Tuesday, was conducted Dec. 8 through 12. It has a margin of error of 3.1 percentage points.
A New York Times/Siena College poll released on Tuesday also ranked the economy and inflation as the two most important problems facing the country.
Biden’s job approval among registered voters slid to 37% in that survey, which took place from Dec. 10 to 14 and has a 3.5-percentage point margin of error.
Murphy, a Democrat, told CNBC on Tuesday afternoon that those dismal results have yet to factor in a spate of good macroeconomic news.
“I really believe there’s a lead lag here, where the macro data is clearly getting better, inflation is coming down, it’s come down without having blown up unemployment,” Murphy said.
“I believe it’s only a matter of time until he does get that credit when that reduction in interest rates and inflation hits the so-called man on the street,” the governor said.
“You’re seeing…
