How Is the Economy Doing Under President Trump?

[Camp]

Food and fuel are not included in the PCE rate. They are considered to volatile, however, they are things that have a great impact on lower and middle income families. Inflation in those industries are currently surging.

15. Which index is the "official CPI" reported in the media?
The broadest and most comprehensive CPI is called the All Items Consumer Price Index for All Urban Consumers (CPI-U) for the U.S. City Average, 1982-84=100. CPI data are reported on a not seasonally adjusted basis as well as a seasonally adjusted basis. Sometimes the index level itself will be reported, but it is also common to see 1-month or 12-month percent changes reported.

In addition to the all items index, BLS publishes thousands of other consumer price indexes, such as all items less food and energy. Some users of CPI data use this index because food and energy prices are relatively volatile, and they want to focus on what they perceive to be the "core" or "underlying" rate of inflation.

So you are incorrect.

Consumer Price Index Frequently Asked Questions : U.S. Bureau of Labor Statistics

Your link, the one you posted above, says my analysis was spot on correct. Not my fault you have poor reading comprehension.

Maybe you should read what the BLS actually says. The ALL ITEMS INDEX is the one most published to the media, and Includes Food, and Energy. The other indexes are secondary, and is not the one being used.
Maybe you should work on your reading comprehension.

The volatile food and fuel rates get hidden when lumped in with the All Items Index. So, when mixed in with the inflation numbers for hard goods such as luxury cars, first class airline tickets and manufactured items they are not noticed. That is why investment counselors and advisors are pointing out the higher inflation rates for food and fuel. Those products can quickly bring down the rate of growth when every day citizens have to spend a larger and larger percentage of their disposable income on necessities. These numbers historically creep up on the economy as politicians like to concentrate on the seemingly best news and hide the warnings and possible bad news.

You do not need a politician or expert to tell you the price of gas is going up way faster than what the politicians want you to know. All you have to do is be buying fuel. Same for food.

 

[mikegriffith1]

The economy has trended just as one would expect. The stock market not doing so well...

Huh? The stock market has risen by more than 4,000 points since Trump took office, whereas it rose by fewer than 2,000 points during Obama's last two years.

If the stock market had ever jumped by 4,000 points in a 16-month period under Obama, you guys would have been praising Obama up and down over it. But since it's happened under Trump, you can't allow yourselves to be happy about it.

 

[Moonglow]

The economy was doing well before Trump entered office..And it continues to do well..Carry on..

 

[Moonglow]

The economy has trended just as one would expect. The stock market not doing so well...

Huh? The stock market has risen by more than 4,000 points since Trump took office, whereas it rose by fewer than 2,000 points during Obama's last two years.

If the stock market had ever jumped by 4,000 points in a 16-month period under Obama, you guys would have been praising Obama up and down over it. But since it's happened under Trump, you can't allow yourselves to be happy about it.

Not really since you don't want wild swings in the stock market value.

 

[mikegriffith1]

The economy was doing well before Trump entered office..And it continues to do well..Carry on..

Sigh. . . . Manufacturing jobs did not take off until after Trump was elected. At no point during Obama's tenure did the stock market gain over 4,000 points in any 16-month period. Small business confidence was in the tank under Obama, but it has soared under Trump. During Obama's last year, the unemployment rate hovered at right around 5%--now it's down to 4.1%. Etc., etc., etc.

 

[mikegriffith1]

The economy has trended just as one would expect. The stock market not doing so well...

Huh? The stock market has risen by more than 4,000 points since Trump took office, whereas it rose by fewer than 2,000 points during Obama's last two years.

If the stock market had ever jumped by 4,000 points in a 16-month period under Obama, you guys would have been praising Obama up and down over it. But since it's happened under Trump, you can't allow yourselves to be happy about it.

Not really since you don't want wild swings in the stock market value.

Manufacturing jobs did not take off until after Trump was elected. At no point during Obama's tenure did the stock market gain over 4,000 points in any 16-month period. Small business confidence was in the tank under Obama, but it has soared under Trump. During Obama's last year, the unemployment rate hovered at right around 5%--now it's down to 4.1%. Etc., etc., etc.

 

[Moonglow]

The economy was doing well before Trump entered office..And it continues to do well..Carry on..

Sigh. . . . Manufacturing jobs did not take off until after Trump was elected. At no point during Obama's tenure did the stock market gain over 4,000 points in any 16-month period. Small business confidence was in the tank under Obama, but it has soared under Obama. During Obama's last year, the UE rate hovered at right around 5%--not it's down to 4.1%. Etc., etc., etc.

Regionally there was a difference, in NW Ark.

 

[Moonglow]

Unemployment In 2014, the Northwest Arkansas region had the second-highest unemployment rate of all its peer regions. However, at 4.6 percent, the measure was lower than the state unemployment rate of 6.1 percent and the national unemployment rate of 6.2 percent. The unemployment rate in 2014 dropped a percentage point from the rate in 2013 and was 2.1 percentage points lower than the unemployment rate in 2010. Only the Des Moines west Des Moines region had a smaller change in the unemployment rate than Northwest Arkansas since 2010, in large part because the unemployment rate in those two areas did not spike as high during the recession.

https://cber.uark.edu/2015sotr.pdf

 

[mikegriffith1]

Unemployment In 2014, the Northwest Arkansas region had the second-highest unemployment rate of all its peer regions. However, at 4.6 percent, the measure was lower than the state unemployment rate of 6.1 percent and the national unemployment rate of 6.2 percent. The unemployment rate in 2014 dropped a percentage point from the rate in 2013 and was 2.1 percentage points lower than the unemployment rate in 2010. Only the Des Moines west Des Moines region had a smaller change in the unemployment rate than Northwest Arkansas since 2010, in large part because the unemployment rate in those two areas did not spike as high during the recession.

https://cber.uark.edu/2015sotr.pdf

Oh. My. Goodness. So now we're down to singling out this or that small region where growth has lagged?! Really? So just ignore the overall numbers and focus on one tiny area?! Really?

Just face it: No matter what, you will never admit that letting people and our companies keep more of their income, and lessening the regulatory burden on our businesses, stimulates economic growth and improves people's lives. This reality should not even need to be stated. It's self-evident common sense. The problem is that your party doesn't believe in it, so you can't admit that it has worked every single time it's been tried, and that it's working now.

 

[Brain357]

The economy has trended just as one would expect. The stock market not doing so well...

Huh? The stock market has risen by more than 4,000 points since Trump took office, whereas it rose by fewer than 2,000 points during Obama's last two years.

If the stock market had ever jumped by 4,000 points in a 16-month period under Obama, you guys would have been praising Obama up and down over it. But since it's happened under Trump, you can't allow yourselves to be happy about it.

Down over 2600 from its high. Once trump policies really kicked in it started tanking...

 

[BluesLegend]

Newspapers are laying off staff, consolidating printing plants and cutting back to tabloid format with fewer pages.

That means fewer trees are dying to produce bird-cage liners and fish guts wrap.

What's NOT to like?

President Trump is saving our forests and destroying the fake news simultaneously!

 

[Rustic]

There would be no trump if there was no obama, socialism makes for shitty economy obama proved that...

 

[Brain357]

There would be no trump if there was no obama, socialism makes for shitty economy obama proved that...

How was our economy socialism under obama?

 

[Harpy Eagle]

The DJI was up 5.17 points today! That is a win compared to the last 4 months

 

[mikegriffith1]

The DJI was up 5.17 points today! That is a win compared to the last 4 months

I guess you're new to investing, or have never invested. You can't just go by a few days or a month or two. Since Trump took office, the stock market has doubled its performance compared to how it did during Obama's last two *years,* and Trump has only been in office 16 months. It's gained over 4,000 points since January 2017, but it gained fewer than 2,000 points during Obama's last two years.

Is it so hard to admit that investors were encouraged by a president who was ardently pro-business and anti-over-regulation? Is that really so hard to grasp?

 

[Moonglow]

Unemployment In 2014, the Northwest Arkansas region had the second-highest unemployment rate of all its peer regions. However, at 4.6 percent, the measure was lower than the state unemployment rate of 6.1 percent and the national unemployment rate of 6.2 percent. The unemployment rate in 2014 dropped a percentage point from the rate in 2013 and was 2.1 percentage points lower than the unemployment rate in 2010. Only the Des Moines west Des Moines region had a smaller change in the unemployment rate than Northwest Arkansas since 2010, in large part because the unemployment rate in those two areas did not spike as high during the recession.

https://cber.uark.edu/2015sotr.pdf

Oh. My. Goodness. So now we're down to singling out this or that small region where growth has lagged?! Really? So just ignore the overall numbers and focus on one tiny area?! Really?

Just face it: No matter what, you will never admit that letting people and our companies keep more of their income, and lessening the regulatory burden on our businesses, stimulates economic growth and improves people's lives. This reality should not even need to be stated. It's self-evident common sense. The problem is that your party doesn't believe in it, so you can't admit that it has worked every single time it's been tried, and that it's working now.

Alaska has a 7.1 uer, but it's all about Trump...He's a loser there...

 

[Brain357]

The DJI was up 5.17 points today! That is a win compared to the last 4 months

I guess you're new to investing, or have never invested. You can't just go by a few days or a month or two. Since Trump took office, the stock market has doubled its performance compared to how it did during Obama's last two *years,* and Trump has only been in office 16 months. It's gained over 4,000 points since January 2017, but it gained fewer than 2,000 points during Obama's last two years.

Is it so hard to admit that investors were encouraged by a president who was ardently pro-business and anti-over-regulation? Is that really so hard to grasp?

Most the gains came while riding the obama economy...

 

[Moonglow]

The DJI was up 5.17 points today! That is a win compared to the last 4 months

I guess you're new to investing, or have never invested. You can't just go by a few days or a month or two. Since Trump took office, the stock market has doubled its performance compared to how it did during Obama's last two *years,* and Trump has only been in office 16 months. It's gained over 4,000 points since January 2017, but it gained fewer than 2,000 points during Obama's last two years.

Is it so hard to admit that investors were encouraged by a president who was ardently pro-business and anti-over-regulation? Is that really so hard to grasp?

Why not pick Oblama's time with the largest increase in the stock market and not your pick-n-choose since you claim overall numbers is what is important, or is it just to support your rhetoric of being a political party hack?

 

[Moonglow]

The DJI was up 5.17 points today! That is a win compared to the last 4 months

My speculation of cardboard futures is soaring..

 

[Harpy Eagle]

The DJI was up 5.17 points today! That is a win compared to the last 4 months

I guess you're new to investing, or have never invested. You can't just go by a few days or a month or two. Since Trump took office, the stock market has doubled its performance compared to how it did during Obama's last two *years,* and Trump has only been in office 16 months. It's gained over 4,000 points since January 2017, but it gained fewer than 2,000 points during Obama's last two years.

Is it so hard to admit that investors were encouraged by a president who was ardently pro-business and anti-over-regulation? Is that really so hard to grasp?

If you had a clue about investing you would know you never talk points, it is always percentages.

Why compare his last years to Trump's first years? Why not compare the same time at the start of each Admin...

On May the 3rd of Obama's 2nd year in office the DJI had rate of increase from the day he took office of 40.29%

On May the 3rd of Trump's second year in office the DJI had a rate of increase from the day he took office of 20.69%

Investors were encouraged by a pro-business president, till he started to actually make decisions. Then the wheels came off.

From the day the Trump signed the tax cut bill to today, the DJI has a rate of growth of -3.65%.