Trump Economy at 18 Months is a Tale of Shocks, Resilience, and Signs of Stalled Progress

Trump's second term economy has withstood immigration crackdown, tariffs, and the Iran war better than many economists expected.

Trump's promises to lower prices, boost factory jobs, and improve middle-class life have not materialized.

Labor force and employment have declined due to stricter immigration enforcement and an aging population.

Manufacturing jobs have decreased since the end of President Joe Biden's administration, contrary to Trump's promises of a revival.

Inflation remains sticky; broad price declines are rare outside economic weakness, despite Trump's campaign pledges.