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WASHINGTON, D.C. -- Of 25 key U.S. business sectors, Americans' views of nine have worsened significantly since 2020 and none of the others have improved appreciably. Six of these nine industries show double-digit decreases in positive ratings: healthcare, oil and gas, electric and gas utilities, internet, retail, and farming and agriculture. The other three -- the grocery, airline, and television and radio industries -- show smaller though still substantial drops in positivity.

The decreases in positive ratings for three of these nine business sectors -- healthcare, the internet, and farming and agriculture -- come just one year after each increased by significant margins. Ratings for healthcare and farming and agriculture have now retreated to 2019 levels, while the rating for the internet industry has hit a new low.

	2019	2020	2021	2020-2021 change
	%	%	%	pct. pts.
Healthcare industry	38	51	36	-15
Oil and gas industry	39	43	28	-15
Electric and gas utilities	47	50	36	-14
Internet industry	43	49	35	-14
Retail industry	50	53	42	-11
Farming and agriculture	58	69	59	-10
Grocery industry	58	63	54	-9
Airline industry	42	41	33	-8
Television and radio industry	40	41	33	-8
Telephone industry	42	47	40	-7
Education	45	48	41	-7
Banking	50	46	40	-6
Publishing industry	39	38	32	-6
Computer industry	61	56	51	-5
Automobile industry	53	48	43	-5
Accounting	45	42	38	-4
Real estate industry	49	47	43	-4
Travel industry	52	41	37	-4
The federal government	25	30	26	-4
Restaurant industry	66	61	58	-3
The legal field	35	34	31	-3
Pharmaceutical industry	27	34	31	-3
Movie industry	41	37	37	0
Advertising/Public relations industry	33	33	34	+1
Sports industry	45	30	34	+4
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Changes of more than seven percentage points are considered statistically meaningful, and declines in positive ratings of more than 10 points have been rare over the 21 years that 麻豆传媒AV has measured Americans' overall impressions of business and industry sectors.

Along with the internet industry, positive ratings for the computer, publishing, and television and radio industries are all at new lows.

Average Positive Ratings for 25 Industries at Lowest Points Since 2011

The latest results, from an Aug. 2-17 poll, show a six-point drop in the average positive rating across the 25 industries, which include 24 that have been tracked since 2001 and one, the federal government, that was added in 2003. The latest 39% average is the lowest since 2011 but shy of the record-low 34% in 2008 when Americans' economic confidence fell sharply amid the Great Recession.

Less positive ratings from Republicans have fueled the decline for most industries. The average positive rating across the 25 industries among Republicans and Republican-leaning independents is 32%, the lowest for either major party group in 麻豆传媒AV's trend. The current figure represents a sharp drop from 48% in 2020, when Republican Donald Trump was president. Typically, partisans are more charitable in their industry ratings when a president of their own party is in office.

Democrats and Democratic-leaning independents' average 46% positive rating is slightly better than the 42% averages in both 2019 and 2020. Democrats' average ratings were higher between 2014 and 2017 than they are now, with the 50% average in 2017 the highest for that group. Republicans' average 51% rating in 2003 is the highest for either party.

Republicans rate every industry less positively this year than last year, with the exception of the sports industry, which already had a low rating among Republicans (24%) after a sharp drop last year. The biggest drops among Republicans this year are for the federal government (down 28 points), the oil and gas industry (down 26 points), and electric and gas utilities (down 25 points).

Changes among Democrats are mixed, with 15 sectors rated at least slightly more positively than a year ago, one (the grocery industry) showing no change and nine rated at least slightly less positively than last year. The biggest changes for Democrats are a 20-point increase in ratings of the federal government following Joe Biden's inauguration and a 15-point increase in ratings of the pharmaceutical industry. The largest declines among Democrats are for the healthcare and internet industries, both eight points lower than a year ago.

A full list of the changes by party is shown in a table at the end of this article.

Americans Rate Few Industries Positively

Majorities of Americans now rate just four of the 25 sectors positively -- farming and agriculture (59%), the restaurant industry (58%), the grocery industry (54%), and the computer industry (51%).

At the other end of the spectrum, the federal government remains in the bottom spot, with 26% of U.S. adults expressing positive views of it. Several other sectors are not far behind, with fewer than one-third viewing them positively -- including the oil and gas industry (28%), the pharmaceutical industry and the legal field (31% each), and the publishing industry (32%).

Farming and agriculture and the restaurant industry have been among the top-ranked sectors for the past three years. Before that, the computer industry typically vied with the restaurant industry for the top spot.

The federal government has been the lowest-rated industry each year since 2014, tying with the pharmaceutical industry in 2016, which has also tended to have low ratings. Before 2014, the oil and gas industry was usually rated the lowest, although its ratings have been better in recent years (before this year) when U.S. gasoline prices have been lower.

Bottom Line

Americans are feeling less positive about nearly every major U.S. business sector this year than they were a year ago. The healthcare industry, the pharmaceutical industry, and farming and agriculture were unable to sustain gains in positive ratings that were likely tied to their roles in addressing problems caused by the pandemic last year.

Declining positivity toward business sectors this year is largely because of sharp drops in Republicans' ratings of these industries. It is not unexpected to see ratings decline among a party group after its party has lost control of the White House. However, the steep drop among Republicans this year is far greater than any previous drop for a party group. Republicans' pessimism is consistent with their low levels of satisfaction with the way things are going in the U.S. To some degree, it may reflect a more antagonistic view of big business among supporters of the party than in the past, perhaps tied to some businesses taking stands on social issues such as racial justice and voting rights that are more in line with Democratic than Republican policies.

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	Republicans			Democrats
	2020	2021	Change	2020	2021	Change
	%	%	pct. pts.	%	%	pct. pts.
Accounting	43	39	-4	42	40	-2
Advertising/Public relations	33	25	-8	30	44	+14
Airline	47	26	-21	34	42	+8
Automobile	54	31	-23	41	53	+12
Banking	52	39	-13	41	43	+2
Computer	54	38	-16	56	65	+9
Education	44	25	-19	51	54	+3
Electric/Gas utilities	60	35	-25	42	39	-3
Farming/Agriculture	77	60	-17	60	57	-3
Federal government	37	9	-28	24	44	+20
Grocery	69	45	-24	61	61	0
Healthcare	51	27	-24	53	45	-8
Internet	46	28	-18	50	42	-8
Legal field	31	23	-8	34	39	+5
Movie	29	26	-3	42	47	+5
Oil/Gas	60	34	-26	24	22	-2
Pharmaceutical	45	24	-21	23	38	+15
Publishing	28	20	-8	47	43	-4
Real estate	58	45	-13	39	45	+6
Restaurant	65	57	-8	57	59	+2
Retail	58	39	-19	48	47	-1
Sports	24	24	0	35	46	+11
Telephone	54	33	-21	42	44	+2
TV/Radio	36	21	-15	41	45	+4
Travel	46	35	-11	40	39	-1
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