In a recent social media post, President Donald Trump claimed that the U.S. economy is currently on an upward trajectory, despite the latest inflation reports suggesting otherwise. The businessman-turned-politician highlighted manufacturing growth and household reforms, stating that his policies have resulted in an economic boost not seen in “decades.”
On January 13, the POTUS took to social media to praise the country’s current financial situation, also crediting himself for the alleged upturn.
“Under my stewardship, the Economy is booming! A Manufacturing Renaissance and soaring Household Incomes are powering GDP gains that have not been seen in decades, and we are undergoing a DIS-inflationary boom. The Private Sector is growing by over 5% thanks to the most Business Investment we have ever seen, maybe in History, and Inflation trends are looking GOOD. All the smart money knows the ‘HOTTEST’ Economy in the World is the U.S.A. TIME TO INVEST!” Trump wrote on Truth Social.
The social media post followed similar remarks Trump made earlier this week while addressing members of the Detroit Economic Club, according to NBC News. Speaking at the event inside a casino ballroom, the 79-year-old Republican stated that “the Trump economic boom has officially begun.”
He further added, “In the coming weeks, I will be laying out even more plans to help bring back affordability,” while dismissing the term as a “fake word” created by Democrats to scare voters.
However, Trump’s claims contrast sharply with recent economic data. The final inflation report of 2025 showed that prices rose by 2.7% in December compared to the previous year, indicating that cost pressures on consumers — particularly for everyday goods — have yet to ease.