Reuters: U.S.

Sunday, August 25, 2019

News Alert: New data challenges Trump's economic narrative

 
 
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New data challenges Trump's economic narrative
President Trump has repeatedly said the U.S. economy under his watch has been extraordinary.

His tweeted descriptors of the economy include "BOOMING"; "GREAT!"; "Stronger than ever!"; "Perhaps the greatest ECONOMY and most successful first two years of any President in history."

But a slew of recent data suggests that Trump’s economy has fared no differently from others during expansion phases. And those same numbers suggest it may be headed toward a downturn.
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