Nearly half of voters saw midterm election as a rebuke of Trump, NBC News Exit Poll shows

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The president’s approval rating dropped among voters, who have big concerns about the economy, according to early polling results.

Voters line up outside a polling station Tuesday near Allegiant Stadium in Las Vegas.John Locher / APShareAdd NBC News to GoogleNov. 3, 2026, 5:06 PM ESTBy Stephanie Perry, NBC News Exit Poll DeskNearly half of voters say they view the midterm election as an opportunity for a major rebuke of President Donald Trump’s performance, according to early results from the NBC News Exit Poll.

Forty-three percent said one reason for their votes was to express opposition to Trump — far higher than the share who said the same in the 2018 midterm election during his first term.

The early results show that Trump’s midterm campaign blitz in support of Republican candidates in recent weeks has done little to lift his job approval rating.

A key frustration voters cited? The economy.

Most voters said inflation is causing hardship for their families, with the affordability of gas, food and utilities being a significant concern. Voters blamed Trump for high prices and said his policies are making the economy worse.

The poll was conducted as voters left polling locations across the U.S. on Election Day. Results also include extensive interviews by phone and mail and online with people who voted early or by mail.

Thirty-eight percent of voters said they approve of Trump’s performance, according to the poll. That’s substantially lower than in his first midterm election in 2018 (when 45% of voters approved of his performance).

Trump’s dismal approval ratings have dropped in Senate battleground states, as well.

Majorities of Senate voters in Georgia, Ohio, Michigan and Texas all said they disapprove of Trump’s handling of his job — also up compared with 2018.

Voters expressed more unfavorable than favorable views of the Republican and Democratic parties, the poll showed. And almost 1 in 5 voters said they don’t have favorable opinions of either party — at least 5 percentage points more than the share who said so during the past two midterm elections.

Fifty-four percent of voters Tuesday said they have unfavorable views of the Democratic Party, while 46% have favorable views. For the Republican Party, 59% of voters today said they have unfavorable views, and 41% said they have favorable views. Voters expressed more unfavorable views toward both parties than they did in the last two midterms.

Voters were likelier to say the Democratic Party could better handle several big issues than the Republican Party, including the economy, foreign policy, healthcare, government corruption and policies about transgender people. The GOP held an advantage on immigration.

On policies related to AI and taxes, voters were split.

The economy — once Trump’s strongest issue — is no longer viewed positively by voters, the poll showed.

An overwhelming majority said the nation’s economy is in rough shape (75%) — and 65% said Trump’s policies have worsened economic conditions in the U.S. About half of voters casting ballots said the cost of living was crucial to their votes. That is the opposite of how voters viewed the economy in 2018 — a wave election for Democrats during Trump’s first term. That year, 68% of voters said the economy was in good shape.

Voters rated the economy as the most important issue facing the country today (39%), followed by the state of democracy (32%), according to the poll. They voiced significant concerns about the prices of gas, groceries and utilities, blaming Trump for affordability problems.

Nearly half of voters said their finances are worse today than they were two years ago when Trump returned to office. Just 18% say they’re better off. These numbers are in line with the way voters characterized their finances during the 2022 midterms but much worse than in Trump’s first midterm election in 2018.

Driving voters’ financial concerns: the cost of living. Top issues include the cost of gas and diesel fuel (87% said they were “very” or “somewhat” concerned), food and groceries (88% concerned), utilities (86%) and healthcare (85%). All told, just under 8 in 10 voters said inflation is causing hardship for their families.

More than half (65%) say Trump’s policies have made the economy worse; 62% said he’s responsible for high prices.

We’ll closely watch several groups that helped propel Trump to victory in 2024 — but with particular interest in Latino voters and voters under 30.

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Thirty-one percent of Latino voters identified as independent, a similar share to past years. The share of Latino voters calling themselves independents dropped slightly, to 30% from 32%. The share identifying as Republicans also dropped slightly, to 27% from 29% in 2024.

The results halted a steady erosion of the Democrats’ advantage among Latino voters in party identification, which narrowed from 33 points in 2018 to 10 points in 2024. This year, Democrats hold a 16-point edge.

Young voters also seem to be shifting back to the Democratic Party after Trump shrank the margin among them in the 2024 presidential election.

Stephanie Perry, NBC News Exit Poll DeskStephanie Perry is the manager of exit polling for NBC News. 

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