Trump Highlights Strong U.S. Economy and Mentions S&P Indicators
Donald Trump, the President of the United States, claimed that the U.S. economy is showing strong growth by referencing the business activity indicators from the S&P Flash Survey. He emphasized that the composite index and the manufacturing and services indicators have reached their highest levels in years, describing it as the 'hottest economy in the world.' On the 24th, President Trump introduced the results of the S&P Flash Survey through Truth Social, asserting that the growth of the U.S. economy, employment, and corporate investment are robust. He explained that the composite index, which combines services and manufacturing, recorded its highest level in 62 months, while manufacturing reached its peak in 53 months and services in 52 months. Additionally, he stressed that a strong economy positively impacts workers, claiming that the real median income in the U.S. is at an all-time high. President Trump mentioned that the economic growth rate during his second term is the fastest since 2015, asserting that the U.S. economy is doing well despite conflicts with the Democrats. He criticized the media for distorting the economic situation to assist the Democrats ahead of the midterm elections, emphasizing the need to maintain the current economic momentum.
-- Price
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