Gallup's first poll since the Republican sweep of the 2024 election found Americans are more confident about the economy.
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.
Newly released consumer data showed that Americans are feeling better about the economy. Data published by the non-profit "The Conference Board" showed that the consumer confidence index continues to rise.
Americans’ confidence in the economy improved after Republicans won big in the 2024 election earlier this month, a new survey found. The Gallup poll, released Tuesday, shows that Americans rank their confidence in the economy as -17,
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,
A change in presidential economic policy generates curiosity and concern about the direction and flow of interest rates or which economic sectors could flourish under the upcoming
Donald Trump’s trade plan for 2025 would hit China and Mexico hard as well as cause global damage. But he will struggle to implement it in full
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.
If the president-elect follows through, consumers and businesses are likely to see prices rise on everything from fresh fruit to electronics.
There’s a pretty simple way to explain most of what happened in the 2024 presidential election.