President Biden's job-approval rating has shot up 5 percentage points since early August, the largest and most sudden change to date.

The president's disapproval has fallen. In a matter of weeks, Biden's rating has changed a lot.

The recent passage of landmark legislation, the killing of a top al-Qaeda leader, and the drop in gas prices are all positives for Biden and the Democrats, according to a new survey. These developments are reflected by Biden's improved numbers. The president said his administration would eliminate student-loan debt for Americans earning less than $125,000 a year.

President Biden gathers with Speaker of the House Nancy Pelosi and Rep. Mark Takano after signing the PACT Act on Aug. 1.
President Biden gathers with House Speaker Nancy Pelosi and Rep. Mark Takano after signing the PACT Act on Aug. 1. (Chip Somodevilla/Getty Images)

The end of the summer slump for the president could be marked by these numbers. Biden's approval rating went down as the president's agenda was held up by a stalemate in the Senate. It was 34% approve to disapprove among all Americans.

The president seems to be gaining ground after he signed the inflation reduction act into law.

Biden's rating is still negative, with 40% approving and 53% disapproving. That is his best number since May and it appears to signal two welcome trends for the White House: improving perceptions of the state of the U.S. economy and reestablishing confidence in Biden among Democrats and independents.

Recent downward trends have reversed, despite the gloomy views of the economy and the direction of the country. The period since early August.

The number of Americans who think the economy is good is up 8 points.

The number of people who think the economy is poor is down.

The number of people who think the economy is getting worse has fallen.

The number of people who think the economy is in a recession has fallen.

The number of people who think the country is headed in the right direction has gone up.

Heading into election season, these are not the kind of numbers any president would want to see. Inflation, the economy, climate change, and race are all issues in which Biden's approval ratings have risen. A majority of Americans approve of Biden's work on health care.

Throughout his presidency, Republican opposition to Biden has been almost unanimous. Democrats and independents were objecting to Biden's performance as well, which caused his numbers to crater.

Trends seem to be turning around. There has been a 6 point increase in Biden's approval among Democrats and 7 point increase among independents. There is a stark contrast between the two parties. Over the past few weeks, Democrats have seen their perception of the economy as excellent or good increase by 11 points. The same numbers have not changed among Republicans.

There is a chance that the Inflation Reduction Act is playing a part here. All three of its major reforms are popular with the public.

They have become more popular recently. Americans now prefer the law's climate provisions by a margin of 42% to 30%, its tax provisions by a margin of 22%, and its prescription drug provisions by a margin of 70%. They favor the new law by a 19 point margin, with Democrats in favor by 73 points, and independents in favor by 9.

A majority of Democrats and Democratic-leaning independents said in August that they would prefer someone other than Biden as their presidential nominee in 2024, but that number has fallen since then. 42% of Democrats say Biden is changing America by the right amount, compared to 45% a few weeks ago.

The question now is whether Biden's improved numbers can help Democrats avoid a big loss in the next election.

The president has little control over certain forces. Americans are very aware of the fact that the cost of gas is going down, with two out of three now saying the cost is going down instead of up. The year-on-year inflation rate slowed to 8.7% in July from 9.1% in the previous month.

Only 15% of Americans think inflation is getting better than it is getting worse. More Americans think inflation is the most important issue when it comes to this year's election than anything else.

Enthusiasm is one factor that could help the Democrats. The president's supporters aren't particularly motivated to vote for more of the same, so the party that doesn't control the presidency usually picks up seats in the mid-terms. The end of the abortion law may be leveling the playing field. What's the reason? Democrats have a reason to turn out because they want to stop rights from being taken away.

This theory was tested in two different ways by the Yahoo News/You Gov poll. The first question asked was "Who has changed America more over the past year or two: Democrats, who control the White House and Congress, or Republicans, who control red states?" Even though their own party holds power in Washington, D.C., the other party has pushed its agenda just as forcefully through courts and statehouses.

The second test was a series of questions meant to gauge political passion and engagement by asking whether Americans are satisfied with a series of recent developments. Efforts to overturn the 2020 election and the U.S. Supreme Court's decision to overturn abortion rights were the two things that caused the most anger. More angry responses were generated by the Republican sticking points of "Joe Biden's response to inflation" and "the FBI searching Donald Trump's Mar-a-Lago home".

Democrats are angry about the end of abortion and Republicans are angry about the Mar-a-Lago search. A majority of Democrats chose Donald Trump as the biggest threat to the future of the United States. The same number of Republicans choose either Joe Biden or Democrats.

The Democratic candidate leads the Republican candidate by 6 points when registered voters are asked who they would vote for in their district.

The Yahoo News survey used a nationally representative sample of 1,563 people. The sample was weighted according to gender, age, race and education based on the American Community Survey conducted by the US Bureau of the Census. The respondents were selected from the opt-in panel. There is a margin of error.