Understanding the Economy – The White House

The United States economy is a complex structure with many indicators, systems, and measures of scoring. No single metric can determine it’s health.

Economists evaluate performance over time and generally take a more holistic approach.

In fact, many economic indicators are only reviewed on a quarterly basis, which means we’ll have more information about President Trump’s second term soon.

However, we also have many monthly measurements that show President Trump’s strong economic approach now.

Those include:

• Cost of living
• Inflation*
• Jobs
• Domestic Investment
• Economic Outlook

* Indicates definition found in glossary

COST OF LIVING

• Gas: down 11% from this time last year.
  Fell for the third straight week (lowest level in March since 2021).
  Under previous administration: increased on average 0.8% per month—and 35% in total.
  
• Eggs: over 25% cheaper than when President Trump took office. As supply increases, based on Secretary Rollins plan, prices will continue to fall.
  • Jan. 21, 2025: $6.550
    
  • Mar. 13, 2025: $4.8971
    Difference: – $1.6529 (- 25.24%)
    
• Mortgage rates: down 35 basis points or roughly $900 in annual savings.
  • Dropped for six consecutive weeks, to the 
    lowest level seen in five months.

• Airline fares: fell 4% in February.
  • Under previous administration: increased on average 0.6% per month—and 32% in total.
    
• Crude Oil: fallen nearly $11 (down 16%).
  
• Grocery: prices were flat month-over-month (0.0%) in February.
  • Under previous administration: increasing on average 0.4% per month—and 23% in total

INFLATION

• Inflation* slowed in February, beating expectations, with core inflation is at its lowest level in four years. Month-over-month was only 0.2% down from 0.5% in the month prior.
  • Core inflation*: dropped in February to its lowest year-over-year pace in nearly 4 years (since April 2021).
  • Wholesale inflation*: came in lower than expected in February.

PR: Manufacturing is Roaring Back Under President Donald J. Trump

The country gained 10,000 manufacturing jobs in President Trump’s first full month in office — a swift turnaround after losing an average of 9,000 manufacturing jobs per month, or 111,000 total, in the final year of the Biden Administration.

151,000 jobs added

• in February.10,000 new manufacturing jobs (including 8,900 auto manufacturing jobs).
  • Final year of previous administration: lost an average of 9,000 manufacturing jobs per month, or 111,000 total.Industry surged last month to its highest level since June 2022, and returned to expansion territory after 26 consecutive months of contraction.
  • 19,000 new construction jobs.
• 93% of new jobs created were in the private sector.In the last two years of the Biden administration, over 25% of added jobs were government jobs.

CEO confidence in Q1 2025 jumped to its highest level in three years, “from cautious optimism to confident optimism.”

• “71%: planning to raise wages by 3% or more over the year
  • up from 63% in Q4.”
• “60%: plan wage increases in the 3.0–3.9% range,
  • up from 48%.”
• “44%: economic conditions were better than six months ago.
  • up from 20% last quarter.”
• “56%: expected economic conditions to improve over the next six months.”
  • up from 33% in Q4.”
• “52%: expected conditions in their industry to improve over the next six months.”
  • up from 33% in Q4.”

President Trump has secured investments in America
totaling almost $2 TRILLION since taking office.

Companies are making proactive decisions to move their operations to the United States to avoid upcoming tariffs*. Tariffs protect American industry, manufacturing, and jobs. 

Here is a non-comprehensive list of investments secured since President Trump took office:

• Apple announced a historic $500 billion investment, which will create 20,000 new U.S.-based jobs.
• Artificial Intelligence Infrastructure totaling $500 billion private investment.
• TSMC announced an unprecedented $100 billion investment in U.S.-based semiconductor chip manufacturing.
• Eli Lilly and Company announced a $27 billion investment in its U.S.-based manufacturing.
• CMA CGM will invest $20 billion in U.S. shipping and logistics, which will create 10,000 new American jobs.
• DAMAC Properties announced $20 billion investment to build new U.S.-based data centers.
• Wisconsin-based Clarios, a leader in low-voltage energy storage, announced a $6 billion plan to expand its U.S.-based manufacturing.
• Stellantis announced a $5 billion investment to reopen its Belvidere, Illinois, assembly plant (1,500 jobs restored).

Find more AMERICA FIRST INVESTMENTS HERE

PRESIDENTIAL ACTIONS

1. President Trump’s tariffs are leveling the playing field for American workers.
2. President Trump has secured billions of dollars in new U.S.-based investments.
3. President Trump is bringing manufacturing back to America.
4. President Trump is making life more affordable for everyday Americans.
5. President Trump ended the war on cryptocurrency.
6. President Trump instructed the Secretary of the Treasury to stop production of the penny, which costs 3.69 cents to make.
7. President Trump suspended enforcement of invasive, burdensome reporting requirements that saddled small businesses with unnecessary red tape.

GLOSSARY

• Consumer Price Index (CPI): the average change in prices over time that consumers pay for a set “basket” of goods and services, like food, housing, clothing, and medical care.
  • Inflation: prices of goods and services in an economy increase over time. This causes money to lose its value, meaning you can buy less with the same amount of money.
  • Core Inflation: the change in prices of goods and services, but it excludes certain volatile categories like food and energy prices.
• Producer Price Index (PPI): average change over time in the prices that businesses pay for goods and services at the wholesale or production level,   items like raw materials, intermediate goods, and finished, bulk products.
  • Wholesale inflation: price changes at the wholesale level, which refers to the prices businesses pay for goods before they reach consumers.
• Tariffs: taxes or duties imposed by a government on a foreign government imported or exported goods.

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