President Trump's approval rating among business owners has hit an all-time high. (via CNBCMakeIt)
is handling his job as president, the highest approval rating number since CNBC and SurveyMonkey began its quarterly Small Business Survey in 2017.
Of the 60% who approve of the president's performance, 39% strongly approve. Forty percent of small business owners disapprove of his performance, 34% strongly. Ninety-three percent of Republican business owners approve of Trump, while 86% of Democrats disapprove. Among Independents, 37% approve while 62% disapprove.
in Q4, which was driven in part by a more optimistic outlook on trade. Twenty-four percent of small business owners expect trade to have a positive effect on their businesses over the next year, up from 16% in Q3. Thirty-five percent of those who approve of Trump expect trade to have a positive effect on their businesses in the next year.
"Republicans are more likely than Democrats to anticipate consequences for their businesses as a result of the impeachment," says SurveyMonkey Senior Research Scientist Laura Wronski. "Whether it's because they view it as a political distraction that prevents people from working on real policy changes or because they're taking it a step further and they're concerned about Trump leaving office, we can't say that much from these data.
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