President Donald Trump's economic agenda has produced a mixed but closely watched set of results so far. Economic growth has picked up, inflation has cooled from recent highs and major policy changes have begun to reshape the outlook for businesses and households. Not to mention a strong year for U.S. stocks, with the S&P 500, the broadest measure of the stock market, ending 2025 with a gain of 17%. Here’s a look at the key developments defining Trump’s economy to date.The economy grew faster than expected in late 2025, with overall output rising at an annual pace of about 4% to 4.5% in th...
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