DECEMBER HARVARD CAPS / HARRIS POLL: TRUMP APPROVAL RATING RESETS TO 47% POST-SHUTDOWN; AFFORDABILITY AND INFLATION TOP ECONOMIC WORRIES HEADING INTO 2026
Rhea-AI Summary
Stagwell (NASDAQ: STGW) released the December Harvard CAPS / Harris poll (Dec 2-4, 2025; n=2,204). Key findings: Trump approval at 47% (+3 pts vs Nov); 62% say Republicans won the shutdown; 68% approve the shutdown compromise. Economic concerns dominate: 59% cite inflation/cost of living as top issue and 71% overestimate inflation. Voter trust favors GOP on the economy (55%) despite 57% saying Trump is losing the battle on inflation. Broad policy support includes 86% for lowering drug prices, 72% for H-1B visas, and 70–78% support for Trump’s Israel-Gaza peace plan.
Positive
- Trump approval at 47% (+3 pts vs November 2025)
- 68% approve the shutdown compromise
- 86% support lowering prescription drug prices
- 72% support granting H-1B visas
Negative
- 59% say inflation/cost of living is their top economic concern
- 71% overestimate current inflation
- 57% say Trump is losing the battle against inflation
- 85% say the shutdown hurt the U.S. economy
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed moves: CRTO up 6.06%, IAS up 0.19%, while ZD, QNST, and EEX are down between about 0.2% and 1.9%. STGW’s 2.59% gain appears more company-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 04 | Leadership alignment | Positive | +5.0% | Named first Global Chair to unify communications and advocacy agencies. |
| Dec 03 | Executive appointment | Positive | -0.4% | Appointed new CEO of Harris Quest to lead AI-powered research tools. |
| Nov 25 | AI partnership | Positive | -1.1% | Announced strategic agentic AI partnership with Gradial for marketing teams. |
| Nov 25 | Product integration | Positive | -1.1% | Integrated UNICEPTA’s AI agent with Microsoft 365 Copilot applications. |
| Nov 24 | Data privacy deal | Positive | +2.8% | Partnered with Harvard OpenDP to embed differential privacy in data platform. |
Recent STGW news is largely positive (AI, privacy, leadership, new verticals), but price reactions have been mixed, with 3 divergences and 2 alignments, suggesting investors do not consistently reward favorable announcements.
Over the last few weeks, Stagwell reported several strategic updates. On Nov 24, it partnered with Harvard’s OpenDP to add differential privacy to its Palantir-powered marketing platform. On Nov 25, it announced both a Gradial AI partnership and a UNICEPTA–Microsoft 365 Copilot integration. Early December brought leadership moves, including a new CEO for Harris Quest on Dec 3 and a new Global Chair for Communications and Advocacy on Dec 4, with that vertical expected to approach $400m in 2025 net revenue. Today’s Harvard CAPS / Harris poll release fits this pattern of showcasing the firm’s data and political insights capabilities.
Market Pulse Summary
This announcement showcases Stagwell’s Harvard CAPS / Harris poll, highlighting detailed voter views on Trump’s approval, inflation, and foreign policy. It underscores STGW’s position in political research alongside recent moves in AI, data privacy, and a new communications and advocacy vertical targeting $400m in 2025 net revenue. Investors monitoring the story may focus on how recurring, widely cited polls translate into client demand, as well as how these insights integrate with Stagwell’s broader marketing and analytics offerings.
Key Terms
tariffs financial
AI-generated analysis. Not financial advice.
MOST VOTERS MISINFORMED ON THE ECONOMY WITH MAJORITY SAYING ECONOMY IS SHRINKING AND
President Donald Trump's approval rating is at
"This poll is a clear bounce back from the government shutdown when attitudes of the American public were really going off of a cliff," said Mark Penn, Co-Director of the Harvard CAPS / Harris poll and Stagwell Chairman and CEO. "But the concern for inflation – and what's perceived as the administration's failure to deal with it – is the dominant thing weighing down the administration. The State of the Union will be an important opportunity for the President to address some of these issues."
GENERAL ATTITUDES REVERSE TO PRE-SHUTDOWN LEVELS
39% of voters say the country is on the right track (+4 pts., November 2025).47% of voters say theU.S. economy is strong (+4).- The Republican Party approval rating is at
46% (+2), while the Democratic Party approval rating is at41% (-2). Congressional approval is at35% (+8). 47% of voters say inflation or affordability is the most important issue to them personally, including a majority across political parties.- Inflation and the economy remain the top two most important issues facing the country today, followed by healthcare.
MOST TRUMP POLICIES CONTINUE TO SEE MAJORITY SUPPORT
- Most of Trump's policies continue to see majority support. His most popular policies are lowering prescription drug prices (
86% support), deporting illegal immigrants who have committed crimes (80% ), eliminating fraud in government expenditures (77% ), and launching government website to buy discounted drugs directly from manufacturers (70% ), with each receiving two-thirds support or more across political parties. - Trump's least popular policies include adding work requirements to Medicaid programs (
43% ), deploying the National Guard to American cities (51% ), and tariffs (52% ). 55% of voters say Trump's policies will increase inflation (Democrats:78% ; Republicans:30% ; Independents:59% ).43% of voters, a plurality, say Trump's policies will make them financially worse off.
VOTERS VERY NEGATIVE ON SHUTDOWN, APPROVING OF COMPROMISE AND MORE NEGOTIATIONS THROUGH MODERATES IN THE FUTURE
62% of voters say Republicans won the government shutdown. Voters are split on which party caused the shutdown.85% of voters say the shutdown hurt theU.S. economy.46% of voters say the recent government shutdown affected them personally.71% of voters say moderate Democrats made the right call to end the shutdown (Democrats:59% ; Republicans:83% ; Independents:71% ), and68% of voters approve of the compromise that ended the shutdown.77% of voters say leaders should negotiate more through moderates like those who backed the deal that ended the shutdown, including a majority across political parties.
DESPITE TRUSTING TRUMP AND GOP OVER DEMOCRATS TO HANDLE THE ECONOMY, MAJORITY STILL SEE TRUMP LOSING BATTLE AGAINST INFLATION
55% of voters say they trust the Trump administration and Republicans to manage the economy over Democrats in Congress (+6 pts., November 2025).71% of voters say inflation is above3% a year right now, including a majority across political parties, with the median estimate among both Democrats and Independents at5% and4% among Republicans.57% of voters say Trump is losing the battle against inflation, and56% say his tariff policies are harming the economy.57% of voters say the economy is shrinking (-5; Democrats:77% ; Republicans:31% ; Independents:64% ).
VOTERS PERCEIVE THE LAST TIME THE ECONOMY WAS "GOOD" WAS PRE-PANDEMIC 2020
48% of voters, a strong plurality across political parties, say the economy was last "good" in 2020 before the pandemic.- Price of groceries or household items is the top influence on voters' views of the economy in the past three months (
79% ), followed by gas prices (55% ) and personal financial situation (39% ). 59% of voters say inflation or cost of living matters most to them when thinking about the state of the economy.49% of voters say stories about the economy are negative (incl. the majority of Democrats and Independents), while23% of voters say they are positive (incl. the plurality of Republicans).- Voters are more likely to trust than distrust statements on the economy from government economic agencies and the Federal Reserve.
- After learning inflation has been below
3% since October 2023,44% of voters, a plurality, say the new information improves their view on the economy, with45% of voters saying they thought inflation was higher.
BROAD SUPPORT FOR H1-B VISAS
72% of voters support the granting of H-1B visas, including a strong majority across political parties.54% of voters say H-1B visas do not cost Americans jobs (Democrats:61% ; Republicans:45% ; Independents:56% ).64% of voters say H-1B visas help America become more innovative, including a majority across political parties.61% of voters say there will always be a need for specialized talent from abroad, including a majority across political parties.
INCREASING SUPPORT FOR MADURO'S REMOVAL FROM OFFICE
64% of voters say Venezuelan President Nicolás Maduro should be removed from office. When given context of Maduro's election fraud and narco-terrorism indictment,85% of voters say he should be removed, including a majority across political parties (+4).- Among those who support Maduro's removal,
76% say theU.S. should arrest Maduro and take him to theU.S. to face trial (+3). 54% of voters generally support Trump's policy toward South andLatin America .74% of voters say Maduro's government is an enemy of theU.S. , and64% say it is an ally ofChina andRussia .71% of voters believe it supports criminal cartels and illicit activities.
BROAD RECOGNITION FOR DRUG OVERDOSE AS A MAJOR PROBLEM, WITH TWO-THIRDS OF VOTERS IN SUPPORT OF
67% of voters say they support the US government destroying boats bringing drugs into the US fromSouth America .63% believe the boats are appropriately targeted for destruction.65% of voters believe the Venezuelan government is participating in the drug trade, including a majority across political parties.77% of voters say deaths from drug overdoses are a major problem, including a majority across political parties.64% say drug-related deaths are deadlier than gun violence (Democrats:50% ; Republicans:77% ; Independents:66% ).54% of voters say theU.S. military was wrong to launch the second missile that may have killed survivors, with voters split on whether this is a major incident or blown up for political purposes.
MAJORITY SUPPORT FOR TRUMP'S PEACE PLAN, BUT VOTERS WORRY HAMAS IS REARMING
70% of voters support Trump's deal to secure the safe return of Israeli hostages and end hostilities inGaza , including a majority across political parties and age groups.68% of voters support Trump's 21-point peace plan forGaza . When given more details about the plan,78% support it.58% of voters say the peace plan played a large role in ending the war.78% of voters say any deal should require Hamas to completely disarm and disband (+4). However,68% of voters believe Hamas is rearming, including a majority across political parties.59% of voters say there is still a lot of active fighting inGaza on the ground.69% of voters believeIran is rebuilding its nuclear capability.48% of voters, a plurality, say Arab governments should be responsible for ensuring Hamas disarms and disbands, while33% say theU.S. should be responsible and20% sayIsrael .
VOTERS BACK
56% of voters sayUkraine making territorial concessions toRussia will allow the country and the world to move forward in peace and end the bloodshed. Voters remain split on whetherUkraine should concede or if it can win territory back.64% of voters sayUkraine should receive direct security guarantees from theU.S. if it makes concessions to end the war withRussia .53% of voters say they are satisfied with how Trump is managing negotiations to end the war inUkraine .65% of voters say the Trump administration should continue to provide weapons toUkraine and impose further economic sanctions onRussia , including a majority across political parties.
The December Harvard CAPS / Harris poll survey was conducted online within
About The Harris Poll & HarrisX
The Harris Poll is a global consulting and market research firm that strives to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. It works with clients in three primary areas: building twenty-first-century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. One of the longest-running surveys in the
HarrisX is a technology-driven market research and data analytics company that conducts multi-method research in the
About the Harvard Center for American Political Studies
The Center for American Political Studies (CAPS) is committed to and fosters the interdisciplinary study of
Contact:
Carrie Hsu
pr@stagwellglobal.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/december-harvard-caps--harris-poll-trump-approval-rating-resets-to-47-post-shutdown-affordability-and-inflation-top-economic-worries-heading-into-2026-302635461.html
SOURCE Stagwell Inc.
