Is US economy better or worse now than under Trump?

Quick Summary:

BBC Verify looks at jobs, inflation, stocks and other indicators to compare the Trump and Biden economies.

This was the peak under the Biden administration, and prices have stabilised somewhat since, with the cost of groceries rising by 1.1% from July 2023 to July this year.

They have continued to grow under Mr Biden, and although there have been recent wobbles, they have reached record levels under his administration as well.

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Article Details

Category: Business

Markets: United KingdomDominicaDominican RepublicUkraine

Topics: Been Biden Administration Trump Growth 2021 Prices Pandemic Inflation Covid Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 23:58:15 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1132 words

Reading Time: 7 minutes read

Sentences: 48 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22339479

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 2 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 17 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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