Summary
President Donald Trump delivered a State of the Union speech, highlighting economic achievements in his second term, while facing a divided Congress. He claimed success in areas like the economy, jobs, and investments, though some claims are contested by available data. Newsweek reviewed several of his statements in comparison to official data.
Key Facts
- President Trump gave a nearly two-hour State of the Union speech.
- Trump claimed he improved a "stagnant economy" with inherited high inflation; inflation is currently 2.4%, down from 3%.
- The U.S. has a record 165 million people working, though the overall employment rate is down from earlier decades.
- The unemployment rate increased slightly to 4.3%.
- Trump claimed $18 trillion in foreign investments, but the White House lists total investment at $9.7 trillion.
- Energy prices are decreasing, but electricity prices increased 6.3% over the last year.
- Trump said gas prices were below $2.30 in most states, though the AAA cites an average around $3.
