Obama averaged 51% job approval in Gallup Daily tracking from Feb. 26-28 — Gallups three-day average immediately prior to the sequester. The budget sequester went into effect as scheduled on March 1 after Obama and Republican leaders met but did not reach an agreement to delay it. Then, in the first two days of the sequester, March 1-2, Obamas approval ratings were quite a bit lower, bringing his three-day averages for Feb. 28-March 2 and March 1-3 down to 46%.
However, his March 3 and March 4 approval ratings were higher, and Gallups latest three-day average approval rating — based on March 2-4 polling — is 49%, nearly back to Obamas previous level. If the current trend continues, Obama would move back to 50% or above in Wednesdays daily update.
READ MORE: Obama Job Approval Takes Brief Hit From Budget Sequester.