Skip to content
Subscriber Only
Justin Fox

The Trump Economy Is Strong. So Why Exaggerate?

GDP growth is accelerating. Jobs are plentiful. But the administration keeps insisting that things are even better than they are.

It’s sunny out. We get it.

It’s sunny out. We get it.

Photographer: Alex Wong/Getty Images

There’s no denying that, since Donald Trump was sworn in as president in January 2017, the U.S. economy has been doing quite well. Growth in real gross domestic product has been steadily accelerating. (This chart and the next track year-over-year growth instead of the more commonly reported quarterly or monthly changes because that makes it easier to see trends.)

Strong job growth has also continued, with gains in nonfarm payroll employment even accelerating a little this year, which is pretty remarkable this deep into an economic recovery.