How is the US economy under President Trump?
The US economy is experiencing growth, with a recent GDP expansion of 2.2% and a 3.2% overall increase since the end of 2024. This growth outpaces other G7 nations, despite initial IMF forecasts lowering expectations due to Trump's tariff announcement in April 2025. However, the tariffs were later eased.
Inflation has increased under Trump, with a current rate of 3.7%, down from the 9% peak under Biden in 2022 but higher than the 3% rate at the start of his presidency.
AI investment has boomed, with $5 billion spent on data center construction in August 2026, doubling the monthly rate since Trump's return to office.
While the economy is performing better than expected for many, the impact of inflation and the AI investment boom's sustainability remain crucial factors for the average American's experience.