TREE NEWS reports: Joanne Hsu, director of the University of Michigan consumer sentiment survey, said in a statement that views on the Trump administration’s economic policy deteriorated by about 10% this month and remain far below the level of February 2026, just before the Iran conflict began. Favorability also fell markedly among Republicans, who typically support the sitting administration’s economic policy.
Michigan Survey: Views on Trump Economic Policy Worsened ~10% This Month
The notable signal here is not the headline drop but the erosion among Republicans, a group that typically anchors support for the administration's economic policy. That suggests the deterioration is broadening beyond partisan lines, which matters for how durable any policy-driven market narrative becomes. The survey's own framing ties the decline to a period beginning with the Iran conflict, leaving open whether this is a conflict-driven shock or a longer reassessment of the economic agenda. Whether favorability stabilizes once the conflict backdrop shifts is the open question worth tracking.
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