Biden’s also seen his numbers on the economy drop. During August, Biden’s average approval rating on the economy has been just 47%. That’s down from the 51% it averaged during the month of July.

Again, this drop can be assigned to a reaction to real world events. Consumer sentiment declined greatly during the first half of August, according to the University of Michigan.

The decline of Biden’s economic approval rating should be worrying to him. As I noted previously, Biden’s economic approval rating has been closely tied to his overall approval rating. Right now, both of them are at 47% in the average of polls.

Worse for Biden is that the economy is viewed as the second most important problem (behind the coronavirus), according to Gallup. It shouldn’t be surprising, therefore, that a drop in Biden’s economic approval rating coincides with a drop in his overall approval rating.