Gallup's first poll since the Republican sweep of the 2024 election found Americans are more confident about the economy.
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.
Donald Trump loved to use tariffs during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries.
From enacting tariffs on foreign goods to slashing taxes for individuals and businesses, Trump’s economic populism is about to be put to the test.
In a more extreme scenario, in which the Trump administration deported 8.3 million undocumented immigrants, the economic outlook would be even worse. Compared to the baseline forecast, GDP would plummet by 7.4 percent by 2028, while employment would drop by 6.7 percent.
The economy sped up in November and kept the U.S. on track for another strong quarter of growth, fueled by optimism about falling interest rates and the prospect of a pro-business Trump administration,
Americans’ confidence in the economy improved after Republicans won big in the 2024 election earlier this month, a survey released Tuesday found. The Gallup poll shows that Americans rank their confidence in the economy as -17,
The latest Yahoo News/YouGov results illustrate the powerful effect that partisanship can have on people’s perception of reality.
There’s a pretty simple way to explain most of what happened in the 2024 presidential election.
The shift in expectations about the economy’s future was driven by Republicans getting happier as Democrats turned sour.
Less than two weeks since Donald Trump’s victory, consumer sentiment in the Republican Party has skyrocketed. Democrats, meanwhile, are despondent.
While the incoming administration may not know exactly how to fix healthcare, the opportunity for substantive, system-wide change may be in front of us.