7 charts show how the economy looked in Donald Trump's first year of his second presidency [Yahoo! Finance]
NerdWallet, Inc. (NRDS)
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Source: Yahoo! Finance
The job market slowed down a lot, consumers kept spending, and tariffs affected inflation a little. One year down, three more to go. Donald Trump became president for the second time on this day in 2025. With that came a lot of new economic plans for trade, immigration, and the federal workforce. Elizabeth Renter, a senior economist at NerdWallet, said uncertainty from actual or potential policy changes affected consumers, job seekers , and small to midsize businesses. "There was a lot of guesswork happening in 2025, and then you add to that mix issues with economic statistics, and sort of reading the tea leaves to figure out where the economy is headed amidst all this change became increasingly difficult," Renter said. Business Insider looked back at the economy under Trump so far. The tariff rate surged, many federal workers left , people continued to spend, and hiring was low The pace of change could slow in the next year. Jason Draho, the head of asset allocation Amer
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