U.S. President Donald Trump speaks in the Rose Garden at the White House, Washington, in this file photo. (Samira Bouaou/The Epoch Times)

About 40 percent of Americans—and a majority of Hispanics—feel better off financially under President Donald Trump compared to under former President Barack Obama.

Data from the latest national survey conducted by Emerson College revealed that 42 percent of Americans felt better off financially, while 26 percent said they were worse off under Trump. About 30 percent said their finances were similar to 2016.

The July 9 poll also revealed that among Hispanic voters, a “distinct majority” of 62 percent believed that they were better off, while 25 percent thought they were worse off. Hispanics have historically leaned Democrat, and the latest polls could be a cause for alarm for the party as midterm elections approach in November.

Substantial number of Americans believe they are better off financially under #DonaldTrump

FULL DATA: https://t.co/qZw13IKjGX pic.twitter.com/p9lsbgGhDm

— Emerson Polling (@EmersonPolling) July 9, 2018

The mid-year Emerson poll, conducted online, also tracked Trump’s job approval rating. Emerson noted that the president continued to maintain his support among the 35…