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The Guardian - US
The Guardian - US
Business
Callum Jones and Aliya Uteuova

The 2025 US economy – in charts: rising prices, hiring slowdown, rollercoaster growth

Donald Trump United States Economy Jerome Powell Inflation Joe Biden US Federal Reserve
people carry shopping bags outside
Shoppers in New York on 24 November. Photograph: Michael Nagle/Bloomberg via Getty Images

The US economy is thriving, according to Donald Trump: jobs are surging, prices are falling, wages are soaring. The government’s own official statistics paint a more complicated picture of 2025.

“The Trump Economic Golden Age is FULL steam ahead,” the president claimed on social media, after growth data for the third quarter of the year – covering July, August and September – was unexpectedly strong.

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