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On the final day of the Trump presidency, the average 30-year fixed mortgage rate was approximately 2.84 percent. On March 26, 2024, the same rate sat at approximately 6.75 percent. Average Rent
Blinder and Watson estimated that the S&P 500 returned 8.4% annually on average under Democrats versus 2.7% under Republicans, a difference of 5.7% percentage points. This computation used the average value in last year of the president's term, minus the average value in last year of previous term. [1]
Here's the average of the year-over-year inflation rate for each presidential term in chronological order. ... Trump: 1.9%. 2017-2021. Inflation was relatively stable during the first years of ...
Conversely, the average price per gallon during Biden’s presidency so far is $3.61 — 40% more than even Trump’s higher average. Gas peaked at over $5 for the first time ever in June 2022.
Real wage growth turned negative in June 2018, as the inflation rate was higher than nominal wage growth, continuing into July. [229] [230] On September 5, 2018, Trump's top economist Kevin Hassett released new analysis indicating that real wage growth under Trump was higher than previously reported. However, the new analysis also showed that ...
Average Annual Inflation Rate: 1.4% ... the median family income increased and unemployment hit its lowest level in more than 30 years. ... Donald Trump (2017-21) Average Annual Inflation Rate: 1. ...
Inflation tends to be a primary concern of American voters and consumers, as inflation rates can make are what cause prices on retail items, vehicles, groceries, gas and more to rise or fall. As ...
In 2021, inflation began to climb rapidly, with the CPI hitting year-over-year growth rates not seen in decades. And then, in June 2022, the CPI hit a staggering 9.1% — the highest rate in 40 years.