According to a recent poll conducted by the Financial Times/University of Michigan Ross School of Business, Vice President Kamala Harris has surpassed both President Joe Biden and former President Donald Trump in terms of voters' trust in handling the economy. This surge in support for Harris comes as she takes over the president's 2024 campaign.

The poll reveals a significant boost for the Democratic Party, with registered voters expressing a preference for Harris in charge of economic matters. Notably, Harris has managed to pull ahead of Trump in this crucial metric. Trump's approval rating on economic issues remains stagnant at 41 percent, while Harris holds a slim 1-point advantage within the poll's margin of error of 3.1 percent.

Harris' approval rating among 1,001 registered voters stands at 42 percent, marking a significant 7-point increase from Biden's results of 35 percent last month. Throughout the year, Biden's trust ratings on handling the U.S. economy have remained relatively low, ranging between 31 percent and 37 percent, despite ongoing concerns regarding inflation and near recession-level conditions. On the other hand, Trump has consistently maintained support above 40 percent within the same timeframe.

The poll further highlights that half of the respondents believe that the economy has worsened since Biden assumed office in 2021, with a staggering 73 percent expressing negative views on the U.S. economic conditions. However, the entrance of Harris into the race has reshaped Americans' perceptions of who is better suited to tackle economic challenges.

The economy remains a top priority for voters, with Americans consistently ranking it as the most influential factor in their decision-making process come November. Harris has managed to regain the trust of registered voters on economic matters by securing a 7-point increase.

Professor Erik Gordon from the University of Michigan commented on the results, stating that while the positive response toward Harris is significant, it also serves as an indicator of Biden's struggles in this area. He emphasized, "The fact that voters were more positive on Harris than on Biden... says as much about how badly Biden was doing as it does about how well Harris is doing."

Trump and his associates contend that Harris is currently experiencing a "honeymoon phase" since entering the race last month, anticipating a decline in her popularity. Nevertheless, the Democratic Party has witnessed a surge in enthusiasm following Harris taking charge of the campaign, but Republicans argue that it may not be sufficient to overcome Trump's support come November.