Only approximately 2 in 10 Americans say they are confident that President-elect Trump can lower costs in his first year in office, according to a new survey from The Associated Press-NORC Center for Public Affairs Research.
In the poll, released Thursday, 21 percent of adults say they are “extremely/very” confident in Trump’s ability to lower the cost of food and groceries in 2025, while 19 percent say the same about his ability to lower housing costs in 2025, and 16 percent say the same about his ability to lower the cost of health care in 2025.
The vast majority say they’re “slightly/not at all” confident in his ability to lower food and grocery costs in 2025, at 61 percent; lower housing costs in 2025, at 64 percent; and lower health care costs, at 65 percent.
Among those who are “moderately” confident in Trump’s ability to lower costs in 2025, 17 percent say so about food and grocery costs, and 16 percent say so about housing and health care costs in 2025.
Slightly more Americans are confident Trump can create more jobs in 2025, with 27 percent “extremely/very” confident,” 18 percent “moderately” confident and 54 percent “slightly/not at all” confident.
Grocery prices became a key issue in the 2024 election cycle, and Trump often railed against the high prices of basic food items while campaigning.
“We’ll get them down,” Trump said at a Pennsylvania grocery store in September, referring to prices.
Republicans are more confident than Democrats or independents in Trump’s ability to lower costs in his first year in office, but their confidence still is not very high.
Fewer than half of Republicans are “extremely/very” confident in Trump’s ability to lower costs in 2025, including food costs, at 44 percent; housing costs, at 39 percent; and health care costs, at 33 percent.
The AP-NORC poll of 1,147 adults was conducted Jan. 9-13, and has a margin of error of 3.9 percentage points.