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Optimism about economy dips but Americans still feel it is in good shape under Trump: CNBC survey

Economic optimism also took a hit, with 31 percent saying the economy will get better in the next year, unchanged from last quarter but down again from 36 percent in the third quarter.

Despite the drop in views on the current and expected state of the economy, the levels remain high by historic standards and considerably above where they were before Trump took office. That is, there’s been some decline, but much of the “Trump Bump” remains.

“In terms of the state of economy, the percentage rating it excellent or good is at 50 percent — no different than a year ago but way different from when President Trump started,” said Micah Roberts, the Republican pollster for the survey with Public Opinion Strategies.

Jay Campbell of Hart Research Associates conducted the poll and served as the Democratic pollster.

Both economics and politics are behind the bump. Under Trump, growth has been somewhat stronger and the unemployment rate, which fell sharply under President Barack Obama, has fallen further. Wage gains have accelerated in the past year as well.

But the partisan divide is striking, too. Under Obama in October 2016, just 37 percent of Democrats and 11 percent of Republicans rated the economy as excellent or good. Today, 83 percent of Republicans say the economy is excellent or good versus 28 percent of Democrats. So Republicans under Trump are more than twice as positive on the economy as Democrats were under Obama.

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