President Trump's Economic Metrics Show Mixed Results in July 2026 Update
The latest update on President Trump's economic performance during his second term reveals mixed results. Job growth has slowed, with 716,000 jobs created as of June, and the unemployment rate has risen slightly to 4.2%. Inflation has increased to 3.5%, and gasoline prices have surpassed $4 per gallon following a ceasefire with Iran. Despite these challenges, average weekly earnings have risen by 1.3% after adjusting for inflation. The economy grew by 2.1% in the first quarter of 2026, matching the growth rate for 2025. Home prices have continued to rise, and the trade deficit has decreased by 17.8% compared to 2024. 
