More Americans trust former President Donald Trump to fix the economy despite President Biden’s frequent boast that he has brought the country into economic recovery with his “Bidenomics.”

A new poll by Suffolk University Sawyer Business School and USA Today found that 36% of Americans trust Mr. Biden to improve the economy while 47% have more faith in Mr. Trump.

A whopping 70% said the economy is getting worse, while only 22% said they saw it improving. A rising cost of living has impacted 84% of Americans with 49% saying their grocery bills have risen the most. Sixteen percent saw their housing costs going up, and 11% said their utility bills and transportation costs are rising.

According to the White House website, Bidenomics is “rooted in the recognition that the best way to grow the economy is from the middle out and bottom up.”

But only 34% of Americans said they approve of the president’s handling of the economy and more than half — 59% — disapprove, according to the poll.

“We’re replacing trickle-down economics with what everyone on Wall Street is referring to these days as “Bidenomics,” Mr. Biden said in remarks during the Labor Day parade in Philadelphia. “And guess what? It’s working.”

Yet, 22% labeled the economy in one word as horrible, terrible, awful, bad, poor, weak, sad or dismal. Only 11% said it was excellent, good or fine.

Struggles at home have led Americans to cut back. Seventy-one percent said they’re eating out less, 53% said they’re cutting back the money they spend on groceries, 58% said they are holding off on taking vacations and 57% said home improvement projects have gone on the back burner. Sixty-eight percent aren’t buying new clothes, and more than half of Americans at 52% are trying to use less electricity, heat and air conditioning to preserve costs.

The pollsters surveyed 1,000 U.S. adults by mobile and landline phones from Sept. 6 to Sept. 11. The poll had a margin of error of 3.1%.

• Mallory Wilson can be reached at mwilson@washingtontimes.com.