Taegan Goddard’s Political Wire notes some good news for the President:

President Bush’s job approval ratings have improved from January thanks to Republicans, according to a new American Research Group survey. 39% of Americans approve of the way Bush is handling his job and 56% disapprove. When it comes to Bush’s handling of the economy, 40% approve and 54% disapprove.

82% of Republicans now say they approve of the way Bush is handling his job and 86% say they approve the way Bush is handling the economy. Bush’s job approval rebound may be limited as 88% of Democrats and 63% of independents disapprove of the way he is handling his job.

Bush’s numbers are still abysmal, but this does indeed mark some improvement. My guess is this that, as is noted above, Republicans are rallying around the President, partially due to the Democratic-controlled Congress. Having a clear political enemy is usually good for improving sagging popularity.