Trump’s Second Term:

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Here’s How the US Economy Fared Under Trump in 2025

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By Matthew Boesler and Ben Holland

December 31, 2025 at 1:00 PM UTC

President Donald Trump rode a wave of voter frustration about the economy to a second term in the White House, promising lower prices and a “golden age” for the nation.

How is his administration doing so far? Despite some wild ups and downs, the US economy looks set to turn in a solid year of growth for 2025 — a trend economists expect to continue in 2026.