The National Economic Council's data reveals that President Donald Trump's first six months in office have created a strong economy, Breitbart reported. Indicators, including low inflation and increased manufacturer output, have quelled fears of a recession.
White House Deputy Press Secretary Kush Desai told Breitbart that this should silence naysayers. "During his first six months in office, President Trump has repeatedly embarrassed the panicans who predicted doom and gloom, from inflation to recession," Desai said.
In June, the Consumer Price Index recorded its fifth consecutive month of inflation rates below expectations. The Federal Reserve sets a 2 percent target, and Trump's economy has remained right in line with an annualized rate of 2.1 percent, which the Council of Economic Advisers touted on X, formerly Twitter, last week.
Core CPI rose 0.2% in June, beating market expectations 0f 0.3%.
Since President Trump took office, core CPI is tracking 2.1% annualized, consistent with low & stable inflation.
(Headline CPI is tracking 1.8% annualized)
— Council of Economic Advisers (@CEA47) July 15, 2025
One indicator of Trump's economic success is the increase in manufacturing output since he took office for his second term as president. From January when he took office through June, manufacturing increased by 1.8 percent.
While this doesn't seem significant on the surface, it is a great success compared to Trump's predecessor, former President Joe Biden. Manufacturing output between August 2024 and January 2025 decreased by .7 percent under Biden, meaning Trump's economy overcame his deficit pluse another increase.
The labor market also remains robust for job seekers, especially native-born Americans. According to Breitbart News economics editor John Carney, that cohort saw an additional 830,000 people employed.
Meanwhile, the number of foreign-born workers declined by 348,000, marking the third consecutive month of decrease. "More Americans stepping up to take jobs," Carney said of the news.
"Employers, used to drawing from a bottomless global pool, are now facing a domestic labor market and are adjusting accordingly. American workers, seeing that employers are now turning to them to fill jobs, are stepping up," Carney added.
Notably, this good news comes before Trump's policies are fully reflected, suggesting that just the promise of those is enough to give the economy a jolt. The president's One Big Beautiful Bill Act, signed on July 4, will allow Americans to keep more of their money.
By eliminating taxes on overtime and tips, and offering additional tax cuts, the economic outlook may only improve as the effects of the legislation are felt. Even Trump's tariffs, which caused panic among conservatives and liberals alike, have added $120 billion in revenue.
Desai touted this news. "Under President Trump, Americans have seen an end to Joe Biden’s inflation crisis, multiple expectation-beating jobs reports, record tariff revenue collection, bond and stock market rallies, and historic investment commitments worth trillions that will cement America’s dominance in cutting-edge sectors," the deputy press secretary said.
"And the best is yet to come – as the pro-growth policies of The One Big Beautiful Bill and new trade deals kick in, America’s economic resurgence under President Trump will only accelerate," Desai added. The latest data points suggest that it's already happening.
Trump is doing a great job, despite facing pushback from both sides of the aisle. If these economic trends continue, America could indeed be great again with a resurgence of prosperity and stability for all.