Category
Economy
Markets, trade, employment, prices and economic policy.
Credibility summary
Of the 186 claims in Economy with evidence either way, 91% held up.
Showing 1061-1080 of 1595 claims
Only 14 industrial communities could still be defined as vulnerable
Tiny Luxembourg is the exception
America's median disposable household income was higher than all but one advanced industrial economy as of 2021 higher than Switzerland Germany Britain and Japan
Brookings Institution in 2018 looked at 185 urban industrial counties that had lots of manufacturing jobs in 1970 and discovered 115 had transitioned from manufacturing improving residents' well-being
Keep median income in mind
Real wage growth for poorest is up more than 40 percent in Flint and over 26 percent in Greensboro over past two and a half decades
Those who oppose Trump concede richest Americans and biggest companies succeeded in recent decades most Americans saw incomes stagnate jobs shipped overseas standards of living decline
Hourly wages of bottom third of Americans are up by over 40 percent
Hourly wages adjusted for inflation are up substantially since 1990s
Federal government is set to release latest monthly hiring numbers this week
Population growth is going down and productivity growth is skyrocketing
A highway expansion leading to the new bridge which cost the Canadian government more than a billion U.S. dollars was completed a decade ago
Canadians are boycotting U.S. travel destinations and imported U.S. products
The auto manufacturing industries in the two countries are linked by the Ambassador Bridge where auto parts go back and forth across the border daily
The Moroun family called on Mr Trump to halt the construction of the Gordie Howe bridge which would compete for more than $300 million in daily cross-border trade over the Ambassador Bridge
Construction was paid for by Canada
The Ambassador Bridge has been privately owned for decades by a Detroit trucking industry billionaire and his family the Morouns
University is deeply dependent on federal research money about 11 percent of its revenues come from federal grants and contracts
Julio Frenk said about $584 million in research funding was already suspended and at risk
Close knit community which has population of about 2400 was originally coal mining hub but now pitches itself as hub for outdoor tourism
Recently analyzed in Economy
Some price increases stemmed from tariffs other factors like housing and food costs played a larger role
June inflation highest since February Trump's tariffs increased prices
Prices are rising because of tariffs
Risk is that investors begin to doubt United States will pay back its debts and start demanding higher interest rates
The New York Times
Country is still on track to borrow an alarming amount of money in coming years
The New York Times