Carlo Allegri | ReutersIt may not have increased by much, and it's rising from an all-time low, but for the first time during his presidency, Joe Biden's approval rating on Main Street has gone up. After washing out at an approval rating among small business owners of 31% during the third quarter of 2022, when inflation hit its peak, Biden's approval rating increased to 34% in the fourth-quarter poll conducted by CNBC and SurveyMonkey. The CNBC|SurveyMonkey Small Business Survey for Q4 2022 was conducted Nov. 9-Nov. 16 among nearly 2,600 small business owners. Biden's approval rating remains heavily partisan: Just 8% of small business owners who are Republican approve of Biden. That's up slightly from last quarter (41%) but still down sharply from the all-time high approval rating set in the first quarter of his presidency (59%).
