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Tracking the U.S. economy during President Trump’s administration
EEconomy

Tracking the U.S. economy during President Trump’s administration

  • 2025-01-30

WASHINGTON, D.C. (KTTC) – During the 2024 presidential campaign no issue was more important to voters than the economy.

About eight-in-10 registered voters cited the economy as “very important” to their vote, according to the nonpartisan Pew Research Center.

Now that we know who is spending the next four years in the White House, we have the opportunity to start fresh with a review of some of the country’s key economic indicators.

Each quarter, or every three months, KTTC will share apples-to-apples number with you.

It not only holds the new Trump administration accountable, but our news organization, as well.

We want to emphasize, we would be doing this reporting regardless of who won November’s presidential election.

This week, we begin with the numbers on President Trump’s first full day in office, starting with rates.

Trump inherited an inflation rate of 2.9%, according to the U.S. Department of Labor. The Bureau of Labor Statistics reports the nation’s unemployment rate started 2025 at 4.1%, with the key federal interest rate standing at 4.33% based on data from the Federal Reserve Board.

Current economic indicators

Current economic indicators(KTTC)

Looking at consumer prices, according to the Bureau of Labor Statistics, the average price for a dozen eggs is around $4.15/dozen, with a gallon of whole milk at $4.10. A pound of 100% ground beef is running around $5.58/pound.

Additionally, last Tuesday, January 21, AAA reported the nationwide average cost for a gallon of gas was $3.12.

Current consumer prices

Current consumer prices(KTTC)

KTTC will revisit these numbers the first part of April and provide ongoing comparisons on this web story.

Find stories like this and more, in our apps.

Copyright 2025 KTTC. All rights reserved.

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