How to Gauge the Greatness of the U.S. Economy Under Trump
Donald Trump’s “Make America Great Again” campaign refrain will become the driving vision of the federal government when the billionaire developer takes the oath of office as president. But how will we know just how great America is becoming?
Here are the 10 best indicators to judge the impact of his policies in the next four years and determine whether the economy lives up to Trump’s pre-election promises.
Beyond gross domestic product growth and better-known figures like wages and the trade deficit, other metrics worth watching include the pace of business creation and the share of prime-age workers in the labor force. Incorporating the forecasts of Bloomberg Intelligence Chief U.S. Economist Carl Riccadonna, we’ve divided the indicators into three groups: those most likely to improve, the ones that will stay about the same and figures that will probably go in the wrong direction.