Gallup polling in early January finds that President Obama's job approval rating is at 46 percent, an improvement over most data since August 2011, when his approval typically scored in the low 40 percent range. Obama recorded "monthly approval averages of 41% in August, September, and October, and 43% in November and December." According to Gallup's Jeffrey M. Jones, "The current 46% rating for Obama, based on Jan. 2-4 polling, is one percentage point below his recent high three-day averages of 47% in Dec. 29-Jan. 3 and Dec. 21-23 tracking." The rating is still lower than last January, however, when Obama averaged 49 percent approval over the month.


Jones writes, "Obama's approval rating will be a critical indicator of his re-election chances this year. If he can sustain higher approval ratings through early November, his odds of winning a second term will increase." Historical data has shown "that all presidents since Eisenhower with approval ratings above 50% have won re-election easily." More recently, "George W. Bush was re-elected in 2004 with 48% approval at the time of the election." But Obama would not have to fall very far for Jones to anticipate trouble: "If Obama's approval rating reverts to the low 40% range, he would have a difficult time defeating a Republican in a two-candidate race."

Jones identifies independents as a key group Obama must target if he hopes to increase his approval rating. "Currently, 81% of Democrats, 42% of independents, and 10% of Republicans approve of Obama. By comparison, last January, when he had an overall monthly average of 49%, Obama's approval rating was 83% among Democrats, 47% among independents, and 13% among Republicans."

One potential reason for the modest uptick in Obama's rating this month "could be the improvement in Americans' economic confidence in recent days." But Jones says " it is unclear whether that will last." Further, "January brings challenges for Obama to maintain higher approval ratings, given that much of the political focus will be on the Republican nomination contest, with the GOP candidates seeking to point out Obama's shortcomings as president in order to help their chances of winning the nomination."

Obama does, however, have the State of the Union address January 24, which according to Jones presents "a unique opportunity for him to directly state his case for re-election to Americans."