This is the second all-time low that President Obama has scored within a month. Back on July 29th, Obama hit 40% for the first time, only to push up a few points and stay fairly steady over the following week as Congress finally passed a debt deal. But with news of the S&P downgrade, fluctuating markets and subsequent news coverage of a still troubled economy, the Gallup poll has shown a divergence in presidential approval. And while 54% disapproval is not a record for a tracking poll, it is certainly well above Obama's marks throughout his Presidency.
The Gallup tracking poll is a rolling average using interviews 1,500 American adults over a three day period, and has a sampling error of plus or minus three percent.
Update: Gallup just released the weekly average of President Obama's approval rating, providing a more comprehensive view of Obama's score. It was an average of 40% for the week, the same previous single day low of his Presidency until Sunday, and the lowest weekly rating of his Presidency. However, his approval ticked up two points to 41% in Monday's numbers, and his disapproval rating fell two points from 54% to 52%.
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