Summary
President Trump claims his administration deserves the highest grade for economic performance, but polls show many Americans disagree. While Trump cites successes like lower gasoline prices, many people feel the strain of rising costs for essentials such as groceries and utilities. Approval ratings for his handling of the economy are relatively low.
Key Facts
- President Trump would grade his economic performance as an "A-plus-plus-plus-plus-plus-plus."
- Polls show a low approval rating of 36% for Trump's economic management.
- The Consumer Price Index, which tracks inflation, shows a 3% rise over the past year.
- Gasoline prices fell in some areas but utility prices rose nearly 12% over the past year.
- 65% of people surveyed think Trump's policies are increasing grocery costs.
- Trump ordered an investigation into possible food price-fixing by foreign companies.
- Incomes have grown slightly after adjusting for inflation, similar to early 2010s levels.
